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Chinese firm to develop Iraq gas field


Chinese firm to develop Iraq gas field
By MEED   
23 Apr 2021 (Last Updated April 23rd, 2021 09:34)
Beijing-based China Petroleum & Chemical Corporation (Sinopec) has won a contract to develop Iraq s Mansuriya gas field near the Iranian border, according to a statement from the country’s Oil Ministry.
Sinopec has partnered with Iraq’s state-run Midland Oil Company. Credit: MEED.
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Beijing-based China Petroleum & Chemical Corporation (Sinopec) has won a contract to develop Iraq’s Mansuriya gas field near the Iranian border, according to a statement from the country’s Oil Ministry.
Sinopec won the contract in a bidding round held at the oil ministry headquarters in Baghdad on 20 April, the ministry said. ....

South Korea , Kuwait Energy , Midland Oil Company , Iraqi Oil Exploration Company , Oil Ministry , Korea Gas Corporation , China Petroleum Chemical Corporation Sinopec , Turkish Petroleum , Beijing Based China Petroleum , Chemical Corporation , Islamic State , தெற்கு கொரியா , குவைத் ஆற்றல் , மிட்லாண்ட் எண்ணெய் நிறுவனம் , இராகி எண்ணெய் ஆய்வு நிறுவனம் , எண்ணெய் அமைச்சகம் , கொரியா வாயு நிறுவனம் , துருக்கிய பெட்ரோலியம் , பெய்ஜிங் அடிப்படையிலானது சீனா பெட்ரோலியம் , இரசாயன நிறுவனம் , இஸ்லாமிய நிலை ,

Iraq awards China's Sinopec contract to tap natural gas resources


Iraq currently produces 1.5 billion standard cubic feet of gas per day and plans to increase this to 4bn standard cubic feet by 2025.
During an energy bidding round in 2010, Iraq awarded the rights to develop the field to a consortium led by Turkish Petroleum Corporation, known as TPAO. A deal was then signed in 2011.
However, the consortium, which included Korea’s Gas Corporation (Kogas) and Kuwait Energy, suspended the work following a 2014 ISIS onslaught that left huge areas of western and northern Iraq under the extremist group s control.
The field, which is located in the eastern Diyala province, didn’t fall in the hands of the militants, but was located in a volatile area. ....

Ihsan Abdul Jabbar , Turkish Petroleum Corporation , Korea Gas Corporation Kogas , Kuwait Energy , Iraqi Oil Ministry , Ministry Of Oil , Gas Corporation , Sinan Mahmoud , இசன் அப்துல் ஜபார் , துருக்கிய பெட்ரோலியம் நிறுவனம் , குவைத் ஆற்றல் , இராகி எண்ணெய் அமைச்சகம் , அமைச்சகம் ஆஃப் எண்ணெய் , வாயு நிறுவனம் ,

Investegate |United Oil & Gas PLC Announcements | United Oil & Gas PLC: Material Upgrade to Abu Sennan Reserves


 
United Oil & Gas PLC (AIM: UOG ), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to provide the following reserves update on the Abu Sennan concession, onshore Egypt (the Licence ).
 
 
Highlights:
·
Independent reserves and resources report, relevant to end 2020, by Gaffney Cline & Associates ( Independent Reserves Report ) indicates material increase in reserves at Abu Sennan:

24% increase in Abu Sennan Gross 2P Reserves to 16.8 MMboe (15% gas) from 13.5 MMboe at the beginning of 2020, representing a near 200% reserves replacement ratio, before the recent drilling success at the ASH-3 and ASD-1X wells

Gross 1P reserves up by 59% to 6.7 MMboe and gross 3P reserves up by 21% to 34.7 MMboe (from 4.2 MMboe and 28.6 MMboe respectively at the beginning of 2020) ....

Abu Roash , Egypt General , United Kingdom , Kuwait General , Al Ahmadi , Alam El Bueib , El Salmiya , Kafr Ash Shaykh , City Of , Great Britain , Abu Sennan , Felicity Geidt , James Crothers , Brian Larkin , Abu Sennan Gross , Billy Clegg , Al Jahraa , Christian Dennis , Roland Cornish , Joe Heron , Gross Mbbl , Cline Associates , Gaffney Cline Associates Independent Reserves , Petroleum Resource Management System , Oil Equivalent Volumes Mboe , United Oil Gas ,