DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Aref Mohammed - 2 Hassan Mohammed - 1 PetroChina - 1 Mohammed - 1 Pertamina - 1 Khalid Hamza - 1 Hadeel Al - 1 Ahmed Rasheed - 1
Top related locs:
BASRA Iraq Iraqi Basra West Indonesia’s Iraq’s Hadeel Al Sayegh
Top related orgs:
Basra Oil Company - 2 Thomson - 2 Exxon Mobil Corp - 1 Basra Oil Co - 1 Exxon - 1 Exxon Mobil Corp's - 1 BOC - 1 Exxon Mobil’s - 1

Search resuls for: "Aref Mohammed"


3 mentions found


☆ PetroChina to replace Exxon as lead contractor for Iraq's West Qurna 1 oilfield, oil executive says
  + stars: | 2023-11-11 | by ( Aref Mohammed | ) www.reuters.com   time to read: +2 min
"We studied the settlement agreement and the oil ministry with the Basra Oil Company believe that the best option is for Petrochina to become the lead contractor of West Qurna 1," Hassan Mohammed, deputy Basra Oil Co. manager in charge of oilfields and licensing rounds affairs, told Reuters. Exxon and PetroChina were not immediately available for comment, but two oil managers at the West Qurna 1 field confirmed the details of the settlement and sale agreement signed with Exxon. Basra Oil Company director Khalid Hamza told Reuters in an interview in 2021 that Exxon was seeking to sell the share for $350 million. West Qurna 1, in southern Iraq, is one of the world’s largest oilfields with recoverable reserves estimated at more than 20 billion barrels. Following its exit from West Qurna 1, Exxon will have no presence in Iraq's energy sectory, said BOC officials.
Persons: Hassan Mohammed, PetroChina, Mohammed, Pertamina, Khalid Hamza, Aref Mohammed, Hadeel Al, Ahmed Rasheed, Kirsten Donovan, Giles Elgood Organizations: Exxon Mobil Corp, Basra Oil Company, Basra Oil Co, Reuters, Exxon, Exxon Mobil Corp's, BOC, Exxon Mobil’s, Thomson Locations: BASRA, Iraq, Iraqi, Basra, West, Indonesia’s, Iraq’s, Hadeel Al Sayegh, Dubai
☆ Iraq's massive Total oil deal heralds new revenue-sharing formula
  + stars: | 2023-07-19 | by ( Aref Mohammed Silvia Aloisi Timour Azhari | Aref Mohammed | Silvia Aloisi | ) www.reuters.com   time to read: +3 min
BASRA, Iraq, July 19 (Reuters) - Iraq secured its $27 billion oil deal with France's TotalEnergies (TTEF.PA) last week by offering quicker, less risky payback through greater revenue-sharing, a model it could replicate in the future to lure investors. The new deal is designed to allow Total to take a portion of revenues from the Ratawi oil field in Iraq's oil-rich Basra region and use them to help finance three other projects, two senior Iraqi oil officials said. In the end, Total took a 45% share while the state-owned Basra Oil Company took 30% and QatarEnergy 25%. Revenues will be split according to those stakes, one of Iraq's senior oil officials said. Iraq's oil officials said the model could be replicated in the future but that would be considered on a project-by-project basis.
Persons: France's, Aref Mohammed, Silvia Aloisi, Timour Azhari, Elaine Hardcastle Organizations: Exxon Mobil, Shell, BP, Total, Reuters, Basra Oil Company, Thomson Locations: BASRA, Iraq, U.S, Basra, Ratawi, Saudi, Iraqi, Timour Azhari, Baghdad, Paris
☆ Iraq launches $17 billion road and rail project to link Asia and Europe
  + stars: | 2023-05-27 | by ( Timour Azhari | ) www.reuters.com   time to read: +3 min
"The Development Road is not just a road to move goods or passengers. This road opens the door to development of vast areas of Iraq," Farhan al-Fartousi, director general of the General Company for Ports of Iraq, told Reuters. The Grand Faw Port, which was devised over a decade ago, is halfway to completion, Fartousi said. Passenger transport between Iraq and Europe harkens back to grand plans at the turn of the 20th century to create a Baghdad to Berlin express. But officials say the Development Road is based on something new: a period of relative stability since late last year that they hope can be maintained.
0 next >>
Total: 3