Gulf Oil and Gas accountACCOUNT

Petrel Resources Renewed Agreements with Iraqi Government

Source: www.gulfoilandgas.com 2/20/2008, Location: Middle East

Share |
Petrel reported that the Iraqi Ministry of Oil has approved extension of the technical cooperation agreement with Petrel for another year.The Company expects to meet shortly with the relevant Ministry officials to formalise arrangements. It is expected that Petrel will embark on a new oil & gas field study as part of this programme.

Petrel, as Contractor to the Ministry, is also driving forward the existing Subba & Luhais EPC (Engineering, Procurement & Supervision of Construction) project. Surveys have been conducted and major equipment delivered to site without security incidents. Petrel's experience proves that it is possible to work without insuperable difficulties in southern Iraq.

Petrel has also recently registered as a company interested in future Iraqi exploration and field development contracts. Petrel expects to be invited shortly to discuss Western Desert Block 6, which Petrel has studied since 2000.

The Company believes that negotiations are likely to be conducted under the existing hydrocarbon laws.

Oil & Gas Companies News in Iraq >>

Oman >>  9/13/2017 - The Asian market continued its upward trend in August, and was also affected by disruption of supply from the USGC, resulting in growth in all produc...
United Arab Emirates >>  9/11/2017 - Lamprell announces the appointment of John Malcolm in the role of Non­Executive Chairman for the Company with effect from 20 September 2017, followin...

Oman >>  9/10/2017 - Petroleum Development Oman (PDO) has agreed two deals worth US$253.1 million to Omanise the provision of vital equipment for the oil and gas industry....
Iraq >>  9/8/2017 - DNO ASA, the Norwegian oil and gas operator, announced an agreement with ExxonMobil to join the Baeshiqa license in the Kurdistan region of Iraq. ...

Saudi Arabia >>  9/5/2017 - In Saudi Arabia, the first six months of 2017 indicate a 3.0% y-o-y decline in oil requirements. The main factors behind this are the sluggish volumes...
Iraq >>  8/24/2017 - DNO ASA, the Norwegian oil and gas operator, has been assigned the 20 percent interest in the Tawke license held by the Kurdistan Regional Government ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Iraq Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 |

More News

 

Oil & Gas Companies in Iraq >>


Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.