logo #IraqPetroleum 25–26 June 2019

Iraq’s Most Trusted And Senior Energy Platform

Proudly Shaping Iraq’s Oil & Gas Industry for over 12 Years


 

  • Unrivalled: Ministerial keynote session with the top energy decision makers in Iraq
  • Unique: Meet the great delegation from the Federal Ministry of Oil
  • Timely: Where Iraq’s 2017 energy expansion plans will be revealed
  • Topical: With announcements from IOCs operating in Iraq and in key oil clusters in Basra, Maysan and other parts of Iraq
  • Finance: See funding options for Iraq’s energy expansion in the light of low oil prices
  • Security: Get the latest updates from Government and Security Companies working in the region

 

Highlights from the 2018 Iraq Petroleum Conference


 
 

1. The speech from H.E. Jabbar Al Luaibi, Minister of Oil,  Federal Government of Iraq which was delivered by Abdulmahdy Hameed Hussain Al Ameedi, Director General of the Upstream Oil Contracts & Licensing Rounds, Ministry of Oil: 

“I would like to thank CWC Group Limited for inviting a delegation from the Iraqi Ministry of Oil, including myself, to attend this valuable event and the efforts exerted to organize it to address the opportunities and challenges in Iraq’s petroleum sector”

Announcements from the Ministry of Oil include:

  • The announcement on the upstream sector to enter into a direct bilateral negotiation with BP to redevelop Kirkuk, Bai Hassan and Jambour oilfields
  • On midstream and downstream sides, the announcement of the construction of a crude oil pipeline from Kirkuk to Fishkhabour
  • The announcement for the gas sector that the Basra Gas Company will capture and utilize (900) million SCF per day in 2018

2. The Conference agenda focused on the development of partnerships in oil and gas, technology transfer and investment in Iraq’s industry and looking further ahead – how to build a sustainable, long-term future for the industry.

3. H.E. Kadhim Mohammed Jawad Hassan announced Iraq’s Energy Strategies at the opening of the 2018 Edition: 

  • Continued increase in crude oil production and exports 
  • Increased capture of associated gas and development of the natural gas fields
  • Continued engagement with key strategic international players in the oil sector
  • Delivery of key strategic projects to improve the performance of the oil sector 

4. Abdulmahdy Hameed Hussain Al Ameedi, Director General of the Petroleum Contracts & Licenses, Ministry of Oil, Federal Government of Iraq announced new opportunities in the upstream sector  and an important modification to Iraq’s Service Contracts:

  • Borderline fields and exploration blocks offered by the Ministry of Oil last December 2017, which include: Jebel Sanam Block, Khidher Al Mai Block, Al-Fao Block, Sindbad Block, Huwaiza Block, Al-Shihabi Block, Zurbatia Block, Naft Khana Block and Arabian Gulf Block (offshore)
  • The reasons for the new offer of the fields and blocks on the Iraqi-Kuwaiti and Iraqi-Iranian borders are:
    • To expand the scope of exploration
    • Discover potential hydrocarbon accumulations to enhance oil and gas reserves
      Increase oil and gas production
    • Make use of spare capacity of the surface facilities in some fields to accommodate oil and gas
      Develop the infrastructures in the nearby areas
    • Coordinate and cooperate with the neighboring countries to produce cross border fields through unitization agreements
  • New Opportunities in Iraqi Licensing Rounds include the Green Gas Fields in Diyala Governorate which will soon be offered by the Ministry of Oil including Khashim Al Ahmer and Jarabica to increase the free gas production.

Join Iraq’s Leading Discussion About Its Key Energy Developments

For Programme & Speaker enquiries, please contact Nawar Abdulhadi on +44 20 7978 0093

For Sponsorship & Attending enquiries, please contact Phillip Clarke on +44 20 7978 0056

or email IraqPetroleum@thecwcgroup.com

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