Iraq, China begin offshore oil and gas exploration
A ship is connected to the Basra Oil Terminal off the Iraqi coast in Northern Arabian Gulf near the port town of Umm Qasr. Photo: AFP
Baghdad (IraqiNews.com) – As part of the initial stage of offshore oil and gas exploration in southern Iraq, seismic investigations have been initiated by Iraq’s Oil Exploration Company (OEC) and China National Offshore Oil Corporation (CNOOC).
According to OEC Director Ali Jassim, the Chinese exploration company has begun carrying out a joint research contract for two-dimensional seismic and geophysical surveys to examine hydrocarbon gathers in the Iraqi offshores north of the Arabian Gulf near Basra Governorate.
Jassim stated that the marine cleaning project’s tender will be released by CNOOC soon.