Oil Exploration Company Holds its 5th Board Meeting in its 7th Session
The Board of Directors of Oil Exploration Company held on Thu. 29/5/2025 its 5th meeting within the 7th session, chaired by the Assistant Director General for Technical Affairs, Mr. Abbas M. Ali, in the presence of all members of the board.
During the meeting, it was emphasized the importance of adhering to the specified time schedules to implement seismic surveys programs, for its important role in achieving the strategic goals of the company. The need to enhance coordination and the integration of the efforts among different divisions and departments was stressed, in a way that contributes to raising the efficiency of performance, supporting technical and administrative staff, as well as providing a stimulating work environment that contributes to the consolidation of the company's position within the oil exploration sector at the national level.
The agenda included discussion of the company's financial report, as the board took a set of decisions supporting the development process, in a way that enhances the sustainability of development and devotes the company's competitive position among its counterparts in the sector.
The meeting concluded by emphasizing the importance of continuing work as one team, and increasing efforts to achieve more achievements that meet the aspirations of the Ministry of Oil, and contribute to develop the exploration sector.
