Iraq Has Boosted Oil Production to the Highest Level in Decades

Top Quote With Iraq seeking increasing support from international oil, gas and service companies for its economic development, CWC is hosting its fifth annual Iraq Petroleum conference in London. End Quote
  • (1888PressRelease) May 24, 2011 - As widely reported, anticipation is building around the current preparation by the Iraqi Government for the auction of oil and gas exploration in January 2012. The auction will tender 12 exploration blocs covering 31,500 square miles and will be awarded to international companies interested in investing in the region.

    With Iraq seeking increasing support from international oil, gas and service companies for its economic development, CWC is hosting its fifth annual Iraq Petroleum conference in London with a view to bringing together the key decision makers in this important industry.

    Iraq Petroleum will take place between 12‐14 July and will be a platform designed to help companies plan their strategy and develop a full understanding of the types of upstream contracts available for development. The conference will also focus on Kurdistan's natural resources as the region's additional capacity comes on stream.

    The conference brings together government and industry experts, providing a forum to explore Iraq's resource and business potential. Key Iraqi Government officials supporting Iraq Petroleum 2011 include H.E. Thamir Ghadhban, Chairman of the Advisory Commission to the PM of Iraq; H.E Ali Al Dabagh, Minister of State, Iraqi Government Spokesman; H.E. Haider Al Abadi; Dr. Adnan Al Jananbi and many other international government figures will be presenting as well as answering key questions.

    Other senior industry experts include Mounir Bouaziz, Vice President Commercial, MENA NBD & LNG, Shell; Einar Erfjord, Country Manager Iraq, Statoil offering an industry perspective.

    Iraq Petroleum 2011 is represented by industry support from Upstream Principle Sponsor: Crescent Petroleum, Service Principle Sponsor: Baker Hughes, and conference sponsors ExxonMobil, Statoil, Total, OXY, Oil Serv, IAG, Huawei, Oilve Group, Mott MacDonald, Mubadala, Standard Chartered, Technology Partners and SKA.

    Further information is available via http://www.cwciraqpetroleum.com

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