The Cabinet Reshuffle that was expected to be announced this week will be postponed until after the EMERGENCE OF THE POSITIVE RESULTS OF THE PLAN.
Cabinet Reshuffle>Promised<Postponed To Next July or Mid May At Earliest.
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19-03-2007, 07:17 AM #1
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Iraq/Dinar News up until March 28th 8PM CT.
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19-03-2007, 07:21 AM #2
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19-03-2007, 07:42 AM #3
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Energy - Oil & Gas
Oil ministry announces tenders for drilling 50 new wells in Missan
Missan, 19 March 2007 (Voices of Iraq)
Iraq's oil ministry announced tenders for the drilling of 50 new wells in the Shiite province of Missan, 380 km southeast of Baghdad, to enhance crude oil production capacity, Missan oilfields director said.
"The ministry invited 13 U.S. and Arab companies to embark on drilling 50 wells in the fields of al-Bazarkan, al-Halfaya, Abu Gharb, al-Fakka and al-Amara," Ali Maarej al-Bahadli told the independent news agency Voices of Iraq (VOI) on Thursday.
Bahadli did not set a date for carrying out these projects. However, he said work on these new wells will take more than two years depending on the efficiency of companies that will undertake the projects.
Drilling these wells is part of an investment plan by the Missan oilfields organization for this year, he said.
"Production capacity of the new wells is expected to hit 2,000 barrels per day (bpd) for each," said Bahadli, noting the current capacity of Missan oilfields is 120,000 bpd.
Missan is one of the provinces producing oil thanks to fields spreading all over the province, including the fields of al-Bazarkan in the eastern part.
The field of Majnoon, on the eastern borders with Iran, is one of the largest oil-producing wells worldwide. It was one of the fields that were not invested so far.
Oil ministry announces tenders for drilling 50 new wells in Missan | Iraq Updates
Ok, so just how are they going to negotiate these contracts without the HCL in place? They have admitted that they don't have the financial resources to drill and develop oil wells on their own. The oil companies are not going to come in and do the work without some form of contract that will make it worth their while.
Hmmmmmmmmmmmmmmmmmmmmm......Last edited by Cdn Scrooge; 19-03-2007 at 07:46 AM.
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19-03-2007, 08:14 AM #4
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Use common sense...the world may just start look different....its always fun to dream...and you never know they may come true ONE DAY
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19-03-2007, 08:30 AM #5
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19-03-2007, 08:37 AM #6
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Last edited by shotgunsusie; 19-03-2007 at 08:48 AM.
JULY STILL AINT NO LIE!!!
franny, were almost there!!
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21-03-2007, 10:56 PM #7
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19-03-2007, 09:00 AM #8
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19-03-2007, 09:07 AM #9
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19-03-2007, 09:09 AM #10
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