In accordance with the directives of the Deputy Prime Minister for Energy Affairs and Minister of Oil, the Undersecretary of the Ministry of Oil for Extraction Affairs, Engineer Basim Mohammed Khudair, met with the Indonesian Deputy Minister of Energy and Mineral Resources, Mr. Yuliut Tanjung, during the first day of his official visit to the Republic of Indonesia.
The meeting was attended by the Director General of the Oil Exploration Company, Dr. Osama Raouf; the Director General of the Reservoirs and Field Development Department, Mr. Karim Yasser; the Director General of the Petroleum Contracts and Licensing Department, Mr. Basim Taher; and the Charg茅 d'Affaires of the Iraqi Embassy in Indonesia, Dr. Ammar Al-Khalidi.
During the meeting, negotiations with the Indonesian company Pertamina regarding Block 3, which extends between the governorates of Najaf and Anbar, were reviewed. Discussions also covered investment opportunities that were not awarded during the fifth supplementary and sixth licensing rounds, as well as the Arabian Gulf block.
Furthermore, ways to develop relations between Iraqi state-owned companies (the Oil Exploration Company and the Iraqi Drilling Company) and their Indonesian counterparts were explored. For his part, the Indonesian Deputy Minister of Energy and Mineral Resources affirmed his country's desire to expand Indonesian investments in Iraq and increase Pertamina's share in developing Iraqi oil fields, not limiting its current 20% stake in the West Qurna/1 field in partnership with PetroChina. He emphasized the importance of expediting the signing of a memorandum of understanding with the Iraqi side and developing relations with national companies.
The Undersecretary of the Ministry of Oil for Extraction Affairs and his accompanying delegation also visited Pertamina's headquarters, where they met with the company's Vice President and senior management. The visit also included a stop at the headquarters of Nusa, a Pertamina subsidiary, where they met with the company's Director General and senior management. The activities and services offered by Nusa were reviewed, and the delegation visited the company's seismic data processing center. During these visits, emphasis was placed on strengthening cooperation and coordination between Nusa, the Oil Exploration Company, and other government companies, as well as providing training opportunities to develop Iraqi personnel in relevant fields.