Monday, November 10, 2014

Iraq, an OPEC member, it is thought that with the completion of its oil in the next few years to be


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News Bulletin: According to Dow Jones, Ali al-Dabbagh said the Iraqi government and the Italian company Eni pipeline construction and installation contract for the Zubair field in southern Iraq worth 358 million and 800 thousand US dollars hakkasan to the company have lost ISI It is.
A consortium led by Italian company ENI and Occidental Petroleum Corporation of South America and Korea Gas Corporation (Kvgaz) in the second round of bidding for oil in Iraq last year awarded the franchise to develop the Zubair oil field, and the consortium, last January the final contract to develop oil have been signed with the Iraqi Oil Ministry.
Zubair oil field, one of Iraq's largest oil fields, transferring to a consortium of developers around 195 thousand barrels per day to the current production of 300 thousand barrels and it is expected that the same time 2016 With the completion of the one million and 125 thousand barrels per day.
Developer consortium ENI 843 million dollar construction contract June 6 Zubair oilfield production facilities to large company Weatherford International International Avylh conceded that each daily production capacity of 50 thousand hakkasan barrels of oil.
Iraq, an OPEC member, it is thought that with the completion of its oil in the next few years to become one of the world's main suppliers of oil to the country in oil and gas blocks concessive further development hakkasan Again the the tender.
Iraqi government to achieve their goals since oil has held four rounds of bidding and tendering of contracts in the oil and gas companies, and even in the international transfers later this year or oil bidding round for oil 2013. longer hold.
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