Iraq and Kuwait agree to prepare a study on the investment of oil fields

Friday 02nd August 2019 - 18:07

Iraq and Kuwait agree to prepare a study on the investment of oil fields

Oman -INA

A joint session between Iraq and the State of Kuwait was held in the Jordanian capital Amman on Friday to exploit and invest the joint border fields between Iraq and Kuwait.The two sides agreed to choose the third party, the global consultant, the company ERC Equipoise Pte.Ltd.UK , on the numbers of study on the investment and exploitation of border fields between Iraq and Kuwait.

Adding that the fields that will be subject to investment after the preparation of technical studies and reservoir for the fields of productive border joint is the field (Safwan - Abdali) and the field (Rumaila South Rattka - Rtqa field), noting that this comes for the organization, exploitation and investment border fields common between the two countries, Guarantees the right of each party in these fields.