3 Hrs
Source:
وكالة الانباء العراقية (واع)
Oil Ministry Accelerates Field Development
The Iraqi Ministry of Oil is heading towards developing oil fields and accelerating exploration and production operations in order to raise the country's production capacity to more than 10 million barrels per day. The ministry is implementing government plans to gradually increase output through field development and expanded exploration activities, with a focus on launching new rounds for developing exploration and field blocks. It also emphasizes strengthening cooperation between domestic and international companies and providing facilitation to complete projects within set timelines, with the goal of increasing reserves and enhancing Iraq’s position in the global oil market.
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