Oil Exploration Company and Iraqi Drilling Company Coordinate to Commence Drilling of Qara Taba-1 Exploratory Well

Under the directives of the Minister of Oil, Engineer Basim Mohammed Khudhair Al-Abadi, under the supervision of the Deputy of the Ministry of Oil for Upstream Affairs, Mr. Naseer Aziz Jabbar, the Director General of the Oil Exploration Company, Dr. Osama Raouf Hussein, met with the Director General of the Iraqi Drilling Company, Engineer Mohammed Hantoush Asad Al-Azirjawi, along with senior staff from both companies, to discuss the implementation of Qara Taba-1 exploratory well drilling project and the necessary technical and administrative requirements for commencing drilling operations.

During the meeting, the two parties reviewed the technical and operational aspects of the project, mechanisms for coordination and integration between the two companies, and discussed procedures to overcome obstacles and provide the necessary technical and logistical requirements, ensuring that drilling operations commence according to the approved schedules and plans.

The Director General of the Oil Exploration Company, Dr. Osama Raouf Hussein, emphasized the importance of the project in supporting national exploration programs. He stressed the need to unify efforts and utilize all available resources to complete it with high efficiency, thereby contributing to enhancing opportunities for discovering hydrocarbon structures and supporting the Ministry of Oil's plans to bolster hydrocarbon reserves and replenish depleted reserves, particularly those with potential gas reserves, in support of the national economy.

For his part, the Director General of the Iraqi Drilling Company, Engineer Mohammed Hantoush Asad Al-Azirjawi, affirmed the company's readiness to provide all necessary technical and logistical requirements to ensure the project's implementation according to the highest standards of quality and safety.

At the conclusion of the meeting, both parties agreed to finalize the contractual procedures in preparation for signing the contract between the two companies next August, signaling the commencement of drilling operations for the exploratory well (Qara Taba-1).