Iraqi Oil Minister Supports Output Increase Projects

A worker is seen at Iraq's Majnoon oilfield near Basra, Iraq, March 31, 2021. Picture taken March 31, 2021. (Reuters)
A worker is seen at Iraq's Majnoon oilfield near Basra, Iraq, March 31, 2021. Picture taken March 31, 2021. (Reuters)
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Iraqi Oil Minister Supports Output Increase Projects

A worker is seen at Iraq's Majnoon oilfield near Basra, Iraq, March 31, 2021. Picture taken March 31, 2021. (Reuters)
A worker is seen at Iraq's Majnoon oilfield near Basra, Iraq, March 31, 2021. Picture taken March 31, 2021. (Reuters)

Iraq’s Oil Minister Ihsan Abdul Jabbar expressed keenness to implement sustainability projects and increase the output of crude oil and gas at the oilfields of North Oil Company in Kirkuk, 250 km to the north of Baghdad.

During his visit to the company’s headquarters on Sunday, he stated that the government and the ministry are determined to boost the production at the company.

The Ministry aims to address technical, economic and security challenges in an expedited manner.

It also seeks to increase and sustain production based on national efforts as well as cooperation with global firms.

Jabbar called for fast-forwarding the implementation of optimal gas investment and output increase projects.

He discussed with senior officials at the company ways to develop output and optimize the investment of flare gas. They further addressed efforts to supply power stations with sufficient quantities of dry gas.

"The administration of the Basra and the south oil companies and the relevant departments in the Ministry are putting the final touches to the proposed project scheduled to be signed in the upcoming period," a statement of the Ministry of Oil said on June 19.

Jabbar, said: "These projects are a priority in the Ministry's plans for an optimal investment of flared gas and upholding the infrastructure."

He urged oil companies to intensify meetings and talks regarding the technical, financial, legal, economic, and contractual aspects with the national companies and relevant departments and experts.

The purpose behind this is to reach the ideal drafting of contracts and agreements with international companies and therefore obtain the highest profit to Iraq.



Saudi Arabia: GEOSA Launches Geospatial Licensing and Permitting System

GEOSA President Dr. Mohammed bin Yahya Al Sayel during the launch of the Geospatial Licensing and Permitting System. Photo: GEOSA
GEOSA President Dr. Mohammed bin Yahya Al Sayel during the launch of the Geospatial Licensing and Permitting System. Photo: GEOSA
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Saudi Arabia: GEOSA Launches Geospatial Licensing and Permitting System

GEOSA President Dr. Mohammed bin Yahya Al Sayel during the launch of the Geospatial Licensing and Permitting System. Photo: GEOSA
GEOSA President Dr. Mohammed bin Yahya Al Sayel during the launch of the Geospatial Licensing and Permitting System. Photo: GEOSA

The General Authority for Survey and Geospatial Information (GEOSA) has launched the Geospatial Licensing and Permitting System, an essential initiative designed to organize and promote geospatial economic activities.

The system aims to enhance the role of geospatial information in supporting and facilitating various sectors and national development initiatives.

The Geospatial Licensing and Permitting System seeks to create a unified regulatory and investment framework that encourages economic growth, localizes geospatial technologies, develops national geospatial capabilities, and enhances the efficiency and quality of geospatial services and products.

It also aims to foster geospatial innovation, optimize the use of geospatial information for informed decision-making, and increase the Kingdom's attractiveness as a premier investment destination for a sustainable and thriving economy.

In a speech on this occasion, GEOSA President Dr. Mohammed bin Yahya Al Sayel expressed his gratitude to the Saudi leadership for its support and commitment to empowering the surveying and geospatial information sector.

He also lauded the minister of defense and chairman of the GEOSA board of directors for his consistent support, which has been crucial in helping the authority achieve its goals.