Italian oil and gas major Eni said it would participate in the fourth round of bidding for development of the Nassiriya oil field in Iraq as the country aims to boost crude output, according to a Reuters report.
Earlier this month, Abdul-Mahdy al-Ameedi, head of the Iraqi oil ministry's contracts and licensing directorate, said four international oil companies, including Eni, had shown interest in developing the Nassiriya oil field and that Iraq might hold a mini-auction for the field.
Eni Chief Executive Paolo Scaroni announced this intention at a meeting with Iraqi Prime Minister Nuri al-Maliki in Baghdad on Monday, and they also discussed the development of the Zubair oil field, Eni said in a statement. Zubair, considered one of the biggest oil fields of Iraq, will produce 1.2 million barrels of oil equivalent per day (boepd) when it hits full operating capacity, said Eni, the operator of Zubair.
'Al-Maliki expressed his satisfaction with the activities carried out by Eni in Iraq and called for a greater presence of the company in the country,' it said. At the meeting, Scaroni explained all aspects of the Zubair field development including the expansion of the organisation, which employs 200 expatriates, construction of new buildings in the operational area as well as the recent opening of Eni's offices in Baghdad, the oil major said without giving further details.
The Zubair field is expected to reach its peak output target of 1.2 million bpd by the start of 2017, according to Eni's development plan. Iraq has signed contracts with international oil companies to ramp up output capacity to 12 million barrels per day by 2017, although analysts say it is unlikely to reach that goal.
Original article link
Source: Reuters
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UPDATE 2-Eni fears largest Libyan oilfield is in ruins
05 Oct 2011 19:42
Source: Reuters // Reuters
* Libyan ops manager: volunteer took pictures of the mess
* Cannot promise Elephant to restart before end of year
* Eni spokeswoman in Italy: not aware of heavy damage (Adds Eni spokeswoman comment)
By Jessica Donati
TRIPOLI, Oct 5 (Reuters) - Italian oil major Eni
"One volunteer went with a squad of 10 rebel fighters, who escorted him on a two-to-three-hour survey in which he took pictures of the mess," Eni's Libyan operations manager, Mustafa Abougfeefa, said in an interview.
The field, which pumped 130,000 barrels of oil per day before the war, was found in ruins, with its airport completely destroyed along with crucial monitors and key electronic structures, he said.
"We cannot promise the field will start producing before the end of the year. Gaddafi's militia destroyed everything," Abougfeefa said.
The process could take even longer because the area remains a hotbed where clashes between rebel fighters and troops of former leader Muammar Gaddafi continue.
An Eni spokeswoman in Italy later said the group had no information of any serious damage to the Elephant field.
"We are still carrying out checks at the field but to date we are not aware of any heavy damage," she told Reuters.
The scale of damage discovered at El Feel, known as the Elephant field for its size, was a stark contrast to the conditions of Eni's smaller Abu Attifel and Wafa fields, which have already started production at a combined rate of 76,000 bpd, around 30 percent below their pre-war output levels.
Gas production at those fields is also ramping up, with flows from Abu Attifel near full at 180 MMScf/d and flows from Wafa at 315 MMScf/d, around 60 percent of pre-war output, according to a document emailed to Reuters.
The Bouri field is due to restart production of both oil and gas by the end of the month, the operations manager said.
STRUGGLE
Attacks by Gaddafi loyalists, food shortages and accidents were a few of the risks braved by a team of locals at the Abu Attifel field, where a minimal amount of oil was pumped throughout most of the war in an effort to preserve the facilities.
"We gave them all the support that was possible at the time, but there was no communication between the east and western parts of the country," said Abougfeefa.
Eni's managers now must deal with reviving contracts, a new visa system and confusion over trade sanctions.
Eni is side-stepping immigration issues by making provisions for foreign workers to operate out of Malta, but shipping continues to be a problem as waters used for commercial purposes are still classified as a war zone, keeping insurance rates high.
Two executives are already based in Tripoli to help deal with the task of reviving the business over the next few weeks.
"The administrative issues should have settled down by the end of the year," said Abougfeefa, adding that key foreign workers had already returned and that a schedule for bringing the others back into the country was in place. (Additional reporting by Stephen Jewkes in Milan; Editing by Jane Baird and Tim Dobbyn)
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Oil: Three international companies want to develop the field of Nasiriyah after the withdrawal of the Japanese company
Author: HM
Editor: CC
Tuesday, 06 k 1 2011 09:29 GMT
Director of the Department of Contracts and Licensing at the Ministry of Oil Abdul Mahdi al-Amidi
Alsumaria News / Baghdad
The Ministry of Oil in Baghdad, Tuesday, that three international companies expressed a desire to develop Nasiriyah oil field after the withdrawal of the Japanese company of the negotiations, saying she had asked them to reach a production of 100 thousand barrels per day during the two years.
The Director General of the Department contracts and licenses in the Ministry of Oil Abdul Mahdi al-Amidi said in an interview for "Alsumaria News", "ENI of Italy and America's Chevron CBC China expressed its desire to develop the field of Nasiriyah in Dhi Qar province after the withdrawal of Nippon of Japan, which won the offer technical The commercial made by the year 2009, "attributing the cause to" the arrival of the negotiations with her to a dead end.”
The Amidi that "The ministry has asked the three companies to build refinery in Nasiriyah, which was completed designs capacity of 300 thousand barrels per day in order to access production derived from field to the refinery to meet the need of the province of Dhi Qar, Iraq, from oil derivatives," noting that "the ministry became indispensable for any increase in production comes from the other fields.”
Amidi said that "The ministry also stressed the need to reach production of 100 thousand barrels per day in two years," stressing that "the development of the field will be forwarded to the winning company within the mini-licensing round."
Amidi noted that "the ministry expects production to reach 11 million barrels per day during the next six years of the fields presented to the international companies to develop in the two rounds of licensing the first and second."
The field is located Nasiriyah oil 37 km north-west tidal Nasiriyah, Dhi Qar, and includes construction, several of which three tanks with a capacity of three thousand cubic meters, and station insulation capacity of 30 thousand barrels a day, and buildings, control of power and management, laboratory, and a desalination plant, as D power line from the power station site to Shatra length of 30 km, in addition to pumping systems, raw, and tube from the site to the strategic line of 40 km length of Qatar 12 Lang, and currently produces ten thousand barrels per day.
And includes the city of Nasiriyah oil fields untapped field of Nasiriyah great, which is expected to produce 300 thousandbarrels per day, and the field Gharraf estimated concerned matters of oil production by 130 thousand barrels per day, as well as field Mesopotamia (Abu-column), estimated production in the event it or invest it with 110 thousands of barrels per day.
Iraq seeks through the development of oil fields in the two rounds of licensing the first and second, to reach a production of at least 11 million barrels per day within the next six years, and 12 million barrels per day after the addition of the quantities of the other fields of national effort, and offered to the oil ministry three gas fields to foreign investment which fields Mansourieh Saybah and crutch, what would be the companies that will develop the oil fields are obliged to prevent burning of any quantity of gas associated with oil, as would be required to build facilities for the manufacture of associated gas, and handed over to Iraq without charge.
Indeed, Iraq is exporting crude oil from the ports of Basra and Khor al-Amaya on the Persian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, to be exported by truck by truck to Jordan, and the percentage of Iraqi exports from the Basra oil 90%, while the remaining issue of Kirkuk's oil, Iraq currently produces about 2.0007 million barrels of crude oil per day, and emits approximately 2.0002 million barrels a day.
Oil: Three international companies want to develop the field of Nasiriyah after the withdrawal of the Japanese company
Author: HM
Editor: CC
Tuesday, 06 k 1 2011 09:29 GMT
Director of the Department of Contracts and Licensing at the Ministry of Oil Abdul Mahdi al-Amidi
Alsumaria News / Baghdad
The Ministry of Oil in Baghdad, Tuesday, that three international companies expressed a desire to develop Nasiriyah oil field after the withdrawal of the Japanese company of the negotiations, saying she had asked them to reach a production of 100 thousand barrels per day during the two years.
The Director General of the Department contracts and licenses in the Ministry of Oil Abdul Mahdi al-Amidi said in an interview for "Alsumaria News", "ENI of Italy and America's Chevron CBC China expressed its desire to develop the field of Nasiriyah in Dhi Qar province after the withdrawal of Nippon of Japan, which won the offer technical The commercial made by the year 2009, "attributing the cause to" the arrival of the negotiations with her to a dead end.”
The Amidi that "The ministry has asked the three companies to build refinery in Nasiriyah, which was completed designs capacity of 300 thousand barrels per day in order to access production derived from field to the refinery to meet the need of the province of Dhi Qar, Iraq, from oil derivatives," noting that "the ministry became indispensable for any increase in production comes from the other fields.”
Amidi said that "The ministry also stressed the need to reach production of 100 thousand barrels per day in two years," stressing that "the development of the field will be forwarded to the winning company within the mini-licensing round."
Amidi noted that "the ministry expects production to reach 11 million barrels per day during the next six years of the fields presented to the international companies to develop in the two rounds of licensing the first and second."
The field is located Nasiriyah oil 37 km north-west tidal Nasiriyah, Dhi Qar, and includes construction, several of which three tanks with a capacity of three thousand cubic meters, and station insulation capacity of 30 thousand barrels a day, and buildings, control of power and management, laboratory, and a desalination plant, as D power line from the power station site to Shatra length of 30 km, in addition to pumping systems, raw, and tube from the site to the strategic line of 40 km length of Qatar 12 Lang, and currently produces ten thousand barrels per day.
And includes the city of Nasiriyah oil fields untapped field of Nasiriyah great, which is expected to produce 300 thousandbarrels per day, and the field Gharraf estimated concerned matters of oil production by 130 thousand barrels per day, as well as field Mesopotamia (Abu-column), estimated production in the event it or invest it with 110 thousands of barrels per day.
Iraq seeks through the development of oil fields in the two rounds of licensing the first and second, to reach a production of at least 11 million barrels per day within the next six years, and 12 million barrels per day after the addition of the quantities of the other fields of national effort, and offered to the oil ministry three gas fields to foreign investment which fields Mansourieh Saybah and crutch, what would be the companies that will develop the oil fields are obliged to prevent burning of any quantity of gas associated with oil, as would be required to build facilities for the manufacture of associated gas, and handed over to Iraq without charge.
Indeed, Iraq is exporting crude oil from the ports of Basra and Khor al-Amaya on the Persian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, to be exported by truck by truck to Jordan, and the percentage of Iraqi exports from the Basra oil 90%, while the remaining issue of Kirkuk's oil, Iraq currently produces about 2.0007 million barrels of crude oil per day, and emits approximately 2.0002 million barrels a day.
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