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 >>

Saudi Arabia >>  6/27/2016 - Wison Engineering, one of the leading chemical engineering, procurement and construction management ("EPC") service and technology providers in China,...
Qatar >>  6/26/2016 - As part of Qatar Petroleum's ongoing efforts to become one of the leading National Oil Companies in the world, to deliver superior integrated products...

Iraq >>  6/20/2016 - Amec Foster Wheeler announces the award of a three-year framework agreement by BP Iraq NV (BP) to complete conceptual studies and pre-front end engine...
Saudi Arabia >>  6/16/2016 - The Dow Chemical Company recently became the first company to receive a trading license from the Government of Saudi Arabia, allowing 100 percent owne...

United Arab Emirates >>  6/15/2016 - Mubadala, the Abu Dhabi investment and development company, announced the appointment of Ahmed Saeed Al Calily as Chief Executive Officer of the group...
Oman >>  6/14/2016 - The Middle East’s oil supply has been stagnant during March, April and May 2016 at 1.24 mb/d, with input coming mainly coming from Oman at 0.98 mb/d,...

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 |

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.