Wednesday, September 25, 2024

Baghdad

Two southern oil fields to produce huge quantities – official

BASRA / IraqiNews.com: Oil production in southern Iraq‘s Missan and Halfaya oil fields has begun with huge quantities that are expected to support Iraq‘s national economy, according to the Director of Missan Oil Company, Ali Warid on Sunday. “Work has begun in Missan and Halfaya Oil Fields. The future holds promising results, as they shall greatly increase the levels of productive energy. This will help support the national economy,” Warid told IraqiNews.com during his attendance of the Oil & Gas Exhibition, held in Basra city from 25 to 28 November. “We are partners in several contracts in Iraq, as Missan Oil Company is one of the establishments of the Iraqi Oil Ministry,” he said. Warid indicated the “presence of a partnership with Halliburton Company, through two licensing sessions.” “Our company’s participation in this exhibition, being a strategic oil company, under administration of which exists gigantic fields, through the exhibition, shall have contacts with all participants with the aim of boosting the Iraqi oil status,” Warid said. Commenting on the average production of Missan oil fields, Warid said that “the average oil production of Missan fields shall reach 100,000 barrels per day.” SKH/SR 2