Scaroni, Iraqi Prime Minister Discuss Eni’s Activities in Iraq
- Business & Finance
Iraqi Prime Minister Nuri Al-Maliki and Eni’s CEO Paolo Scaroni met today in Baghdad to discuss Eni’s activities in the country.
During the meeting, Scaroni along with Claudio Descalzi, COO of Eni E&P, updated the Prime Minister on the development activities at the Zubair oil field and discussed the contractual and operative requirements needed to reach the new production plateau of 850,000 barrels of oil per day (bopd) in 2016 , as agreed in the Amendment to the Technical Service Contract signed on 15 July 2013. The parties also discussed the potential of the Iraqi hydrocarbon sector and the future opportunities of development of Eni in Iraq.
The Prime Minister al-Maliki expressed his satisfaction with the activities carried out by Eni in the country.
During this visit, Eni’s CEO and COO also met with the Iraqi Deputy Prime Minister, Hussain al-Shahristani, and the Minister of Oil, Abdul-Kareem Luaibi.
Eni is the operator of Zubair, which is located near Basrah and is regarded as one of the largest oil fields of Iraq, with current production of 320,000 bopd.
Eni is the Lead Contractor of a consortium that includes Occidental Petroleum Corporation, Korea Gas Corporation and Missan Oil Company.
Press Release, September 02, 2013