Maysan Oil Company: drilling a well-Arms in the Halfaya oil field
12/25/2012 15:07:14 Tuesday

Baghdad (news) : announced Maysan Oil Company on the completion of drilling multi-Arms in the field of Halfaya oil, the first of its kind in Iraq.

and the Oil Ministry said in a statement on Tuesday received Agency (news) copy of it: The company Petrojayna Chinese, which runs development processes Halfayah field (35 km southeast of Amara) dug the well (HF121-M121ML) through subcontractor (company Bohai Chinese) and arms multiple target reservoir supervisor, as the use of drilling methods directional (Directional) and horizontal (Horizontal) and horizontal multi- jibs) Multilateral) and advanced techniques that are used in these types capable of increasing the speed drilling and reduce the cost well drilling and raise the rates of production. statement quoted Ali Qubool general manager Maysan Oil Company say: well referred to consists of two arms ((dual lateral Ichterqan reservoir supervisor horizontally Two-way different to increase the contact area between the reservoir and the well as the multiplicity of arms of the well leads to increased production rate as well as reducing the phenomenon of repressed water and gas (Water / Gas Coning) because arms are within class producer. confirmed Qubool: Continue cadres company to work and taking into account the factors of time The cost important in drilling arms multiple within cavity key will save time and reduce costs significantly and this explains the trend of international companies to experience drilling multiple arms because yields productivity multiplier and reduce costs well, that is leading the experience of multiple arms in oil wells.
+
http://www.ikhnews.com/news_view_68703.html

Exxon warned on northern Iraq development
Decmber 20 2012

BAGHDAD (UPI) : It would be a "grave mistake" for Exxon Mobil to start operations in contested border regions in northern Iraq, the country's deputy prime minister said.

Baghdad in April declared a Kurdish deal with U.S. supermajor Exxon frozen because of legal issues with oil contracts in the country. Exxon was blacklisted by the central government for its action.

Sami al-Askari, a member of the Iraqi Parliament close to Prime Minister Nouri al-Maliki, was quoted by The Washington Post as saying Exxon would "face the Iraqi army" should it lay "a finger" on contested border regions in northern Iraq.
+
Read More Link on Right

We want to pass a law of oil and gas out of respect for the Constitution
Tuesday 18/12/2012 09:47 am

Noted MP / Kurdistan Alliance : Mahma Khalil, alliance desire to pass a law of oil and gas out of respect for the Constitution, pointing out that he was the first approvers on the draft law on February 15, 2007

Khalil said in a statement to Agence now News, "It is not permitted for a country like Iraq has huge oil wealth and the developed countries in oil production and reserves, which constitutes 90% of the country's budget to be without law of oil and gas.
+
http://www.alannews.com/news.php?action=view&id=3503

Exxon Mobil bribed politicians to cover up the secret deal rooted government warnings wall
December 16 2012

Informed political sources revealed that the company "Exxon Mobil" exceeded all government warnings, not paid any attention to all the warnings addressed to them about their work in the Kurdistan region of Iraq.

The sources pointed out in separate statements that the company has sold held to another oil company, and received half the profits in advance, indicating that the other half of the profits Sttkadah during the term of the new oil company.

The sources said that this process marred blackout full by some government officials, although they constitute a breach of terms of the contract with the Iraqi government, indicating that these officials and some parties seeking to keep order deal and details "secret" because they have achieved financial benefits illegally for moving the deal and try to obtain approval by the government.

Noteworthy that the relevant authorities in the government warned Exxon Mobil to leave work and cut their relationship in contracting projects.

She added that the government warnings of the company to prevent it from selling the contract or convert it to another company and withdraw all projects contracted by the former Iraqi government.
+
http://www.qeraat.org/news.php?action=view&id=1346

Deputy State law calls for the Kurdistan region to comply with the government on contracts for oil companies
Saturday, December 15 2012 09:02

Ambassador: News: He called for a coalition of state law Jabbar Kanani, officials of the Kurdistan region to comply with the central government on contracts for international companies to invest in oil wealth, while stressing the need for communication and dialogue to reach a draft oil and gas law.

Kinani said in an interview that "the central government and the National Alliance hoped to invest all areas of Iraq, so that exports oil and invest their wealth Interior," calling officials Kurdistan to "compatibility with the federal government in decades of international oil companies in order to see the light and be a good gesture to bring good for all. "

Kanani stressed the need for "communication and dialogue between all parties to reach a draft oil and gas law and the sharing of natural resources on the basis of Article 110 of the Constitution."
+
Read More Link on Right

Parliamentary oil: not entitled to ExxonMobil sale contract to another company
14/12/2012 09:06 AM

Babinaoz - agencies:  The Commission on oil and energy parliamentary Friday that held the oil ministry with ExxonMobil that prevents it from selling its contract to another company without the consent of the Iraqi government, with Ezzat company withdrew the U.S. from Qurna to political conflicts between Baghdad and Erbil. said committee member Susan Saad said that "contracts Oil Ministry with investment companies to prevent the recent sell them to other companies, except with the consent Iraqi side, "asserting that" this procedure include ExxonMobil. "

said Saad that "controls the oil ministry after the withdrawal of any companies investing in the oil fields or gas, including re-launch the field of tender, where are invited companies that want the ministry to enter and not the company withdrawing, "indicating that" after laying bidding on the new company begin from where the company that preceded it. " and considered Saad to "cause the withdrawal of ExxonMobil from working in Qurna back to political conflicts between Baghdad and Erbil. "
+
Read More Link on Right

Rapporteur of the Commission on oil: You must go to invest in oil fields shared with neighboring countries to support the oil sector 
12/14/2012 15:40:10 Friday

Baghdad (news) : Confirmed the decision of the oil and energy MP / coalition of Kurdish blocs / Qassim Mohammed Mchkta, the importance of investment fields oil shared with neighboring countries of Iraq as stipulated in international law to support the oil sector.

said Mchkta (of the Agency news) Friday: that everything shared between two adjacent whether oil fields or mountains or rivers are international laws is imperative for every country committed to obtaining their rights, otherwise it will lead to conflict between those countries.

added: leaving Iraqi oil fields shared with neighboring countries, without investment will lead to an ongoing dispute and possibly wars between Iraq and those countries in the future, noting that draws government towards investment will enhance security and stability in the region and will support the oil sector.
+
Read More Link on Right

Iraqi official ruled out the adoption of the law of oil and gas
12/13/2012 10:18 AM

Khaleej Times newspaper : Ruled MP Adnan al-Janabi, head of the Oil and Energy Committee in the Iraqi parliament yesterday to reach consensus between the political blocs in the country, to approve oil and gas law to regulate the oil policy in Iraq during the current year.

Janabi said in a lecture during the conference of Iraq's Energy held yesterday that «there is a committee formed in September, includes oil minister in the federal government Abdulkarim Laibi and Minister of Natural Resources in the Kurdistan region of Ashti Hawrami, and representatives of parliamentary blocs to agree on the wording of the draft law of oil and gas, will not recognizes during the current session.
+
http://www.alrafedain.net/index.php?show=news&action=article&id=91359

Iraq refuses to cut its production of oil
12/13/2012

Ghadban confirms his arrival to 4 million barrels per day by the end of the year 2013

BAGHDAD - morning: Across Iraq for refusing to cut oil production in the case of a request OPEC reducing the supply of oil. He said Iraq's OPEC Falah al-Amiri said in a statement quoted by Reuters on Wednesday: that he should on the other producers of OPEC members to bear the burden of production cuts if there is a need to reduce supply. And stressed: that Iraq will not reduce its production never, for it is a matter of sovereignty is not about OPEC, adding that the countries that have raised oil output in the past two years it has to cut production.

remarks came Ameri shortly before the start of the OPEC meeting, which was held yesterday evening as experts predict that keep organization on output policy unchanged. On a related matter, the president of the advisers in the prime minister Thamer Ghadban said oil production in Iraq will be four million barrels per day by year-end 2013.
+
Read More Link on Right

United Nations criticizes the late adoption of the oil and gas law and calls passed
12/12/2012 11:46

Term Press / Baghdad: Criticized by the United Nations, on Wednesday, Iraq's delay in adoption of the law of oil and gas, while political parties demanded to pass this law as soon as possible, renewed its call for elections in the disputed areas.

The Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler, in a speech at the forum of Iraq's oil in Baghdad, which was attended by (long-Presse), on Wednesday, "I call on politicians and Iraqi specialists to pass a law of oil and gas as soon as possible," returned "the survival of this important law varies in its place is not good."

The Kubler "I was ambassador to Germany in Iraq in 2006 and 2007 and when I left he told me Iraqi Deputy Prime Minister then Barham Salih said the draft oil and gas law is ready and will be approved soon," noting that "After five years this is still important law standstill."

The business forum of Iraq's oil, which is organized by the Iraq Institute for Energy sponsored the House of Representatives and the participation of international companies specialized in the affairs of oil and gas sector, has launched on Tuesday, with participants stressed that the forum will play in a thorough review of investment policies in the oil and gas sector, expecting not to Iraq's success in reaching to the level of production, which was announced.
+
Read More Link on Right