Iraq Launches the 3rd Well in Sindbad Borderline Field in Basrah

Source: www.gulfoilandgas.com 7/20/2017, Location: Middle East

Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil attended the celebration of launching the 3rd oil well in Basrah, and confirmed on the keenness of the ministry of oil to develop all the borderline oil fields and invest them perfectly.

Mr. Al-Luiebi said that the ministry of oil have made a plan to develop this oil well by depending on the national efforts or the contracting with the international companies, and he praised the national efforts of the Basrah oil company (BOC), the Iraqi drilling company (IDC) and the other companies for their active contribution. He said also that the ministry will start to build the surface facilities of the oil field.

Mr. Assim Jihad the spokesman of the ministry said that the drilling optimistic results shows high reserve capacity which can add more quantities of crude oil to the national production. He confirmed also on inviting the international companies to contribute in the development of (10) borderline oil fields.

Mr. Al-Luiebi was escorted during his visit Mr. Kareem Hattab Jaafar by the deputy minister for up-streaming, the inspector general and the directors general of BOC & IDC, in addition to other responsible members from the oil companies.


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