Statoil offering help to Iraq
Posted: 20 January 2004
Advice on rebuilding the Iraqi oil industry after the war has
been offered by Statoil in a letter addressed to the country's oil
ministry.
This offer covers organisational and technical support rather than
specific collaboration projects.
Should a positive response be received from Iraq, it will be up
to that country to identify areas in which assistance is required.
The Iraqis have a substantial requirement for help at the moment,
and Statoil has considerable expertise in a number of important
areas.
Initially, the group is only offering assistance to a country in
a difficult position. This could lead in the longer term to direct
involvement in exploration and production operations.
Iraq's oil industry has suffered from a lack of investment in new
technology. The country has experienced three wars and 13 years
of sanctions, and now faces extensive reconstruction.
For more information see www.statoil.com
Posted by Richard Price,
Editor Pipeline Magazine
Information supplied by companies
or PR agencies who are responsible for content. Send press releases
to info@pipelinedubai.com |
