Iraq announces the imminent implementation of "seismic surveys" of a marine patch in its territorial waters
economy Territorial waters Ehsan Abdul-Jabbar Iraqi Oil Minister
Shafaq News / The Iraqi Oil Minister, Ihsan Abdul-Habar, stressed today, Tuesday, the importance of starting the seismic survey of the marine area in the Arabian Gulf, which is the first experience and actual activity in a site in regional waters. Abdul-Jabbar said, in a statement received by Shafaq News Agency, that
"the ministry's efforts have borne fruit over the past years to reach a contract formula for a joint study with the Chinese company Cinoc, in 2019, which aims to determine the points and locations of land and sea exploration," noting that
"expectations and studies It indicates that it contains hydrocarbons.
For his part, the Director-General of the Oil Exploration Company, Ali Jassim, said, according to the statement, that
"the plans of the ministry and the National Oil Company aim to maximize and invest the national reserve of hydrocarbon wealth, by engaging the national effort, and
joint work with sober international companies in transforming expectations into an actual reserve. added to the national production.
Jassim explained the importance of oil exploration in regional waters, saying that
the company is preparing to "conclude a contract in the coming days with the Chinese company Cinoc to begin soon the work of exploratory surveys."