Mubasher: Iraqi Minister of Oil discussed with Exxon Mobil Exxon for Executives projects the latest developments in the discussions on the Integrated South Project.
Jabbar al-Allaibi stressed in a statement to the ministry on Tuesday that the views should be brought closer to reach a final agreement between the two parties.
Al-Luaibi pointed to the importance of unifying the project in developing the oil and gas sectors in the country.
For his part, Exxon Mobil President, "Brad Korson," the desire of his company to reach decisive results to achieve the final agreement on the South Integrated Project.
The director general of Iraq's Basra Oil Company said at the end of March that Baghdad is seeking bids from six international companies for a project worth 4 billion dollars to inject the sea water in the fields of the south to extract more Iraqi oil reserves in the fields of the Arabian Gulf.
At the end of February , an official in the Iraqi oil sector announced the readiness of the Basra Oil Company to introduce a water injection project necessary to increase the capacity of oil production in a bid if the ongoing talks with ExxonMobil failed.
In mid- November of last year , the official spokesman of the Iraqi Ministry of Oil, that the project to develop oil fields "integrated south" in the province of Basra, including the construction of housing complexes and development of services, as well as the project of water injection and laying of pipelines.
SOURCE
Jabbar al-Allaibi stressed in a statement to the ministry on Tuesday that the views should be brought closer to reach a final agreement between the two parties.
Al-Luaibi pointed to the importance of unifying the project in developing the oil and gas sectors in the country.
For his part, Exxon Mobil President, "Brad Korson," the desire of his company to reach decisive results to achieve the final agreement on the South Integrated Project.
The director general of Iraq's Basra Oil Company said at the end of March that Baghdad is seeking bids from six international companies for a project worth 4 billion dollars to inject the sea water in the fields of the south to extract more Iraqi oil reserves in the fields of the Arabian Gulf.
At the end of February , an official in the Iraqi oil sector announced the readiness of the Basra Oil Company to introduce a water injection project necessary to increase the capacity of oil production in a bid if the ongoing talks with ExxonMobil failed.
In mid- November of last year , the official spokesman of the Iraqi Ministry of Oil, that the project to develop oil fields "integrated south" in the province of Basra, including the construction of housing complexes and development of services, as well as the project of water injection and laying of pipelines.
SOURCE