Baghdad:The Ministry of Oil engaged in discussions with the United Energy Group (UEG) regarding the development of two oil fields and the Al-Faw exploration project.
According to Iraqi News Agency, the meeting took place on Friday and included Naseer Aziz Jabbar, Deputy Minister of Oil for Upstream Affairs, and the head of the Iraq branch of the United Energy Group (UEG) / Kuwait Energy, along with a delegation from the company’s senior management.
During the discussions, the Deputy Minister highlighted the significance of developing the Fayhaa and Siba fields and advancing the Al-Faw exploration project. He underscored the necessity of implementing development projects and plans according to established timelines.
The Ministry expressed its support for all efforts aimed at advancing the oil industry, emphasizing collaboration with international companies to develop oil and gas fields, employ modern technologies, and enhance operational and production efficiency. This collaboration aims to achieve optimal utilization of national resources.
The head of UEG’s Iraq branch provided an overview of the company’s development plans for the fields and projects it operates. He highlighted the progress made and the work programs planned for the upcoming phase, reaffirming the company’s commitment to continued cooperation and coordination with the Ministry and relevant authorities to accelerate project completion and achieve shared objectives.