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The Ministry of Oil signs the “standard purchase” document with the licensing rounds companies
Sunday, May 29, 2022 8:50 PM
National News Center/ Baghdad
On Sunday, the Undersecretary of the Ministry of Oil for Extraction Affairs, Karim Hattab, affirmed the ministry's keenness to organize work in the oil sector and find the best formulas and mechanisms for cooperation between national companies and international companies, in a way that achieves common goals in accelerating and implementing the ministry's plans to develop oil fields and maintain and increase production.
The media office of the ministry stated in a statement, received by the "National News Center", that "the Undersecretary for Extraction Affairs, Karim Hattab, confirmed during the signing ceremony of the standard purchase document approved with international companies contracting within the oil licensing rounds, that this document aims to unify and organize procurement operations." For all international companies within the licensing rounds, according to mechanisms and terms that were prepared and agreed upon in cooperation with foreign and national companies, and through specialized committees and relevant departments.
Hattab indicated that "the approval of the Ministerial Committee for Energy and the Opinion Authority in the ministry has been obtained to adopt this document," stressing that
"one of the global consulting offices will be assigned to evaluate this experience after a year, for the best that we are looking for."
For his part, the head of BP in Iraq, Zaid Al-Yasiri and the representative of the global licensing tour companies, described that “the signing of this document is a positive step to improve work mechanisms. Together, we aim to find the best means and mechanisms for contracts and purchases, which contributes to accelerating the implementation of development plans for oil fields.”
While the Director General of the Petroleum Contracts and Licensing Department at the National Oil Company, Ali Maarij, praised “this document that regulates procurement operations, and according to which international and national companies are committed, and considered it a proactive plan towards developing cooperation mechanisms with international companies,” praising “the role of the relevant committees in preparing for these.” document".
The Ministry of Oil signs the “standard purchase” document with the licensing rounds companies
Sunday, May 29, 2022 8:50 PM
National News Center/ Baghdad
On Sunday, the Undersecretary of the Ministry of Oil for Extraction Affairs, Karim Hattab, affirmed the ministry's keenness to organize work in the oil sector and find the best formulas and mechanisms for cooperation between national companies and international companies, in a way that achieves common goals in accelerating and implementing the ministry's plans to develop oil fields and maintain and increase production.
The media office of the ministry stated in a statement, received by the "National News Center", that "the Undersecretary for Extraction Affairs, Karim Hattab, confirmed during the signing ceremony of the standard purchase document approved with international companies contracting within the oil licensing rounds, that this document aims to unify and organize procurement operations." For all international companies within the licensing rounds, according to mechanisms and terms that were prepared and agreed upon in cooperation with foreign and national companies, and through specialized committees and relevant departments.
Hattab indicated that "the approval of the Ministerial Committee for Energy and the Opinion Authority in the ministry has been obtained to adopt this document," stressing that
"one of the global consulting offices will be assigned to evaluate this experience after a year, for the best that we are looking for."
For his part, the head of BP in Iraq, Zaid Al-Yasiri and the representative of the global licensing tour companies, described that “the signing of this document is a positive step to improve work mechanisms. Together, we aim to find the best means and mechanisms for contracts and purchases, which contributes to accelerating the implementation of development plans for oil fields.”
While the Director General of the Petroleum Contracts and Licensing Department at the National Oil Company, Ali Maarij, praised “this document that regulates procurement operations, and according to which international and national companies are committed, and considered it a proactive plan towards developing cooperation mechanisms with international companies,” praising “the role of the relevant committees in preparing for these.” document".
