The Ministry of Oil announced the signing with the company Bp global contract to develop fields in the province of Kirkuk. Oil Minister Jabbar al-Allaibi said during the signing ceremony of the contract to develop the fields of Kirkuk with Bp global. “The decline in oil production of the Kirkuk fields because of the circumstances and challenges experienced in the province over the past years, so we have to re-evaluate the comprehensive fields and oil installations and to find the technical treatments required according to a modern vision using modern technology and this is carried out by the company Bp global.”
He added Allaibi “Also to develop appropriate solutions for the investment of gas associated with oil operations and increase production, which supports the local need of this article. For his part, the regional head of Bp Middle East Michael Townsend praised the joint cooperation with the Ministry of Oil in the development of oil fields and that his company will, in accordance with this contract, conduct a comprehensive assessment of oil fields and develop appropriate solutions to the technical problems and treatments needed, as well as development processes and improve the efficiency of technical and productive performance of fields And oil facilities.
The most important objectives of the contract, said the spokesman of the Ministry of Oil Assem Jihad that the purpose of this contract is to conduct a comprehensive assessment of the fields of the province of Kirkuk and to develop plans to increase production, and that Bp will conduct technical surveys and geology Technical and scientific evaluation of the fields, wells, installations and oil pipelines in order to develop the necessary solutions to address the technical problems and work to develop and increase the production and optimal investment of associated gas.