Gulf Oil and Gas accountACCOUNT

Oil Ministry Invite Companies to Invest in Four Refineries

Source: National Iraqi News Agency 8/28/2016, Location: Middle East

Oil Ministry called on companies specialized in filtering sector to invest in four refineries / Kirkuk, Samawa, Kut and Basra /.

The oil minister, Jabbar Laibi said in a ministry statement during his visit to the drilling company that "the ministry embarked on the implementation of an ambitious plan to open investment to the firms specializing in the oil and gas sector," stressing "the importance of promoting investment and work to give specialized companies and the private sector greater opportunities and bigger than governmental role in building, develop and rehabilitation the oil facilities, especially the global oil companies to contribute to develop small fields and developed in accordance with the formula of service contracts, as well as on the implementation of the promotion of infrastructure with the participation of the private companies. "

He added, "The ministry initiated to invite specialized companies to invest in filtering sector including refineries Kirkuk, Samawa, Kut and Basra, and there are other projects will be announced by the ministry later."

Investment News in Iraq >>

Nigeria >>  2/26/2021 - Seplat notes some media coverage alleging improper conduct by the Company. Whilst it is Seplat's policy not to comment on press articles, on this occa...
United Kingdom >>  2/24/2021 - Reabold, the investor in upstream oil and gas projects, is pleased to announce that, further to the announcement on 22 February 2021 , the Company has...

Nigeria >>  2/22/2021 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the announcement on the funding arrang...
United Arab Emirates >>  2/22/2021 - The Abu Dhabi National Oil Company (ADNOC) has announced, its Thamama Center of Excellence (Thamama) has generated $1.1 billion (AED 4.04 billion) in ...

United Kingdom >>  2/22/2021 - Integrated subsea technology and services provider Ashtead Technology has invested 1million to develop a new R&D and engineering facility in Aberdeen...
Nigeria >>  2/21/2021 - The Department of Petroleum Resources (DPR) has called on businessmen to invest in the oil and gas industry instead of indulging in illegal refineries...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Iraq Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 |

Oil & Gas Projects in Iraq >>

More News

Related Links

Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.