Page 11 - MEOG Week 27 2022
P. 11

MEOG                                  PROJECTS & COMPANIES                                            MEOG


       MoO clarifies on services firms




       as court voids KRG contracts






        IRAQ             FOLLOWING reports last week, Iraq’s Min-  Canadian firm Western Zagros and US-based
                         istry of Oil (MoO) confirmed that it has been  HKN.
                         informed of US services firms’ intention not to   These companies, alongside Addax, Gulf
                         engage in contract with the Kurdistan Regional  Keystone Petroleum and Shamaran Petroleum,
                         Government (KRG).                    were summoned to a court date by the MoO in
                           The ministry said that it “affirmed that  May.
                         Schlumberger, Baker Hughes and Halliburton,   The latest move followed the decision by
                         which are which are among the reputable inter-  Judge Mohammed Ali Mahmoud Nadeem that
                         national companies in the field of oil services,  the MoO’s court case against IOCs active in
                         and according to their official letters to the Min-  Kurdistan could proceed despite the MNR filing
                         istry, have confirmed they would refrain from  a lawsuit against federal oil sector officials at the
                         entering into new projects [in the] Kurdistan  Court of Criminal Investigation in Erbil.
                         region, complying with the Federal Supreme
                         Court ruling and the directives of the Steering  Khor Mor update
                         Committee in the Ministry of Oil”.   Meanwhile, despite reports that recent attacks
                           It continued by saying that these companies  had derailed expansion efforts at Kurdistan’s
                         are now “in the process of winding up and ter-  Khor Mor gas field, the project’s developers said
                         minating the existing tenders and contracts”.  that it is proceeding towards completion.
                         Under their pledge to Baghdad, they have com-  Speaking during an online event organised
                         mitted not to own any commercial entities in  by Columbia University, Mohammad Makkawi,
                         the Kurdistan region, complying with the Feb-  managing director of Kurdistan operations for
                         ruary decision by Iraq’s Federal Supreme Court,  the Crescent Petroleum joint venture said that no
                         which declared that the KRG’s independent  damage had been done. “It is business as usual
                         development of the oil and gas industry was  … The security forces have identified the party
                         ‘unconstitutional’.                  behind it and are in communication with the
                           Meanwhile, the Karkh Commercial Court  authorities to stop these childish acts. The oper-
                         in Baghdad this week moved to annul oil con-  ations never stopped,” he said.
                         tracts between IOCs and the KRG’s Ministry of   The KM250 project aims to increase capacity
                         Natural Resources. Senior MoO officials were  at the field from 450mn cubic feet (12.7mn cubic
                         quoted as saying that the court had taken action  metres) per day to 700 mmcf (20 mcm) per day
                         against UK-based Genel Energy, Norway’s DNO,  by May 2023.™






































       Week 27   06•July•2022                   www. NEWSBASE .com                                             P11
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