Ministry of Oil Advances Development Talks with United Energy Group


Baghdad:The Ministry of Oil engaged in discussions on Friday with the United Energy Group (UEG) concerning the development of two oil fields and the Al-Faw exploration project.



According to Iraqi News Agency, the Ministry revealed that Naseer Aziz Jabbar, Deputy Minister of Oil for Upstream Affairs, met with the head of the Iraq branch of UEG/Kuwait Energy, along with a delegation from the company’s senior management.



The Deputy Minister highlighted the importance of developing the Fayhaa and Siba fields, as well as progressing the Al-Faw exploration project. He stressed the need for executing development projects and plans according to established timelines and confirmed the Ministry’s support for efforts aimed at advancing the oil industry. This includes collaboration with international companies to develop oil and gas fields, employ modern technologies, and enhance operational and production efficiency in order to optimally utilize national resources.



The head of UEG’s Iraq branch presented the company’s development plans for the fields and projects it operates, detailing progress made and work programs for the upcoming phase. He reiterated the company’s commitment to ongoing cooperation and coordination with the Ministry and relevant authorities to expedite project completion and achieve shared objectives.