Oil Production Management

[DWS112]

Oil Production Management

05 November 2019

Iraq has a strong presence in the world oil field and represents an important destination for the crude markets, thanks to the large volume of proven reserves and may put it at the top of the oil countries around the globe.👈

Through communication with experts in this field inside and outside the country, we have an important idea of what is required at the current stage in this sector, which represents the backbone of life and its first and most important resource in Iraq.

The development of the oil sector is an imperative for the time being, in a way that does not make large oil producing fields enter the stage of aging early, because the focus on the quantities produced exclusively.

The reality of oil production is in dire need to develop production outlets and multiplicity to create a maneuver in marketing quantities exported to global markets from several fields greater than it is now, this makes the country able to secure quantities required externally and internally in all circumstances.

The development of oil fields must coincide with actual and practical plans aimed at creating Iraqi human resources in the technical (production) joint, and this is important to have Iraqi expertise in management and production able to manage all field operations, and the great benefits for the country, where we are There is no need for a large number of experts to be brought into the country in return for large financial allocations, while we can develop expertise to manage all operations.

Here, it is imperative that foreign companies operating in the country begin to train local competencies in international training centers and under the supervision of the best experts in the world, that theoretical training coincides with the practical, and start a real journey to create technical expertise capable of dealing with advanced technology in the field of oil industry in the world.

The tasks required are not impossible or complex, but need a national will to cooperate with international companies operating in Iraq to begin to actually train local competencies and involve them in specialized courses whose outputs national expertise capable of managing the production process in a way that benefits the country and expands employment Inside this field.
 

[ChuckFinley]

Thanks DWS 112

[Donziman]

This looks like a whole lot of words to describe what many have known for years.

There are model countries all around them to emulate.Prosperity for the people

will come from stealing a little less and caring enough to share the wealth. imho.

[SocalDinar]

TCF World Podcast: How Is Iraq Managing Its Oil?

 

NOVEMBER 05, 2019

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Iraq is the second-largest OPEC oil producer, believed to have huge unexploited reserves that will make the country increasingly rich as it modernizes its decrepit energy infrastructure.

Iraq holds a strategic position at the center of regional rivalries, and is perhaps the only country that maintains close security, political, and economic relations with Iran, the United States, Saudi Arabia, and other competing powers. The underdeveloped oil sector underlies much of Iraq’s significance, wealth, and potential power in the region.

An expert in Iraq’s oil sector and the international companies that compete for contracts in Iraq, Samya Kullab gives an overview of Iraq’s burgeoning oil sector, and its intersection with policy.

 

You have to go to link to hear Podcast https://tcf.org/content/commentary/iraq-managing-oil/

Edited November 5, 2019 by SocalDinar