Global
Oil Minister Basim Mohammed Khudair Al-Abadi announced today, Tuesday, that agreements have been reached with a major American company regarding various issues related to the development contract of the West Qurna 2 field, with plans to sign the contract by the end of this year. An official ministry statement indicated that Minister Al-Abadi held a meeting with the company's General Manager of Business Development, Joe Cook, where negotiations concerning the field were completed, alongside ongoing discussions about the development contract for the Nasiriyah field and four exploration blocks. The minister emphasized the ministry's full readiness to support American companies operating in the country and to remove obstacles they face, highlighting that these companies possess extensive expertise in oil field development, technology transfer, and human resource training. For his part, Joe Cook expressed hope to build a long-term partnership with the ministry in the West Qurna 2 and Nasiriyah fields, appreciating the efforts made to finalize the agreements by the end of the current year.
