15-02-2025
Iraq Advances Development of Exploration Block 3
By John Lee.
Bassem Mohammed Khudair, Undersecretary for Extraction at Iraq's Ministry of Oil, chaired a high-level meeting on Thursday to discuss the development of Exploration Block 3.
Key Discussion Points: Participants: Senior officials attended, including the Directors General of the Oil Exploration Company (OEC) , Midland [Middle] Oil Company (MdOC) , Petroleum Contracts and Licensing Directorate (PCLD) , and Reservoirs and Field Development Directorate .
, , , and . Project Timeline: The meeting focused on the exploration contract and setting a clear timeline for its implementation in partnership with Indonesia's Pertamina .
. Strategic Focus: Khudair underscored the importance of expanding exploration into untapped areas to enhance national hydrocarbon reserves, calling for strong inter-agency coordination to meet development goals within defined timeframes and efficiency standards.
(Source: Ministry of Oil) Tags: cg, featured, Indonesia, Iraqi Oil Exploration Company, Middle Oil Company, Midland Oil Company, oil exploration, PCLD, Pertamina, Petroleum Contracts and Licensing Directorate, Reservoirs and Field Development Directorate
