Oil Ministry sets 27 month deadline to sign a service contract to develop the patch 9 exploratory finalized

Date: 13/01/2013 11:11:52 Sunday



Baghdad (news) .. The Ministry of Oil on Sunday which falls 27.1.2013 as the date of the signing of the service contract to develop the patch 9 exploratory finalized after the approval of the Council of Ministers in its meeting held on Tuesday 08/01/2013.

A spokesman for the Oil Ministry, Assem Jihad, said in a statement received Agency (news) copy of it: The ministry will sign on the date above with a consortium of Kuwait Energy Kuwaiti Dragon Emirates contract to develop the area exploratory (9), who won the Coalition licensing round Fourth patches exploratory .

Jihad said: he signed a contract ninth patch will be the ministry signed four contracts finalized for the development of four exploratory patches (12,10,9, within the ministry's submission in the fourth round of licenses offered for rehabilitation in front of international companies participating in the round (12) exploration blocks distributed among the provinces.

It is noted that the ninth board located in Basra province, with an area of ​​900 km hydrocarbon prospects (oil) won by the coalition paid profit of $ 6.24 dollars per barrel of oil equivalent. / End / j. N /


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