As the IOCs are moving now towards fulfilling the requirements of the rehabilitation and preliminary development plans of the first phase of the contracts of the mega projects starting to prepare enhanced and final development plans for the second phase and ramping up of production towards the PPTs, many discussions arose and opinions were expressed about the need, or otherwise, for revising the PPTs downwards, increasing the time allowed to…
Tag: Rumaila
Anatomy of a Deal
(Mr Asri Mousa was one of the main Iraqi negotiators of the south gas utilization project with Royal Dutch Shell and Mitsubishi Corp between 2008 and 2011) Iraq has been, since 2008, negotiating with Royal Dutch Shell to establish a joint gas company to capture flared gas from three giant oil fields in the province of Basra. The joint venture is based on a proposal by Iraq to create a…
Nihad Mousa
Nihad Mousa, is the Director General of State Co for Oil Projects (Scop). She is the first Iraqi woman to hold the position of director general in the Iraqi oil ministry’s companies. In this interview with Ruba Husari in Baghdad, she spells out Scop’s role in the unprecedented expansion of the oil infrastructure that will cater for the increase in crude oil output over the next few years. Q: Scop…
2012 Production Challenge
Iraqi oil production has been slowly, but steadily, ramping up in the last three years, from an average of 2.336 million b/d in 2009 to 2.358 million b/d in 2010, to an average of 2.66 for the first eight months of this year, according to oil ministry official figures. With this, exports have also risen by almost 300,000 b/d, from a 2009 average of 1.9 million b/d in 2009 to…