International Business Times: Chevron, Total seeks contract with Iraq on oil field
12 April 2008 @ 02:14 pm EST
NEW YORK – Chevron Corp. and Total confirmed that they are in talks with the Iraqi government to expand production at a major oil field in Basra, southern Iraq.
The negotiations will finalize a two-year deal to increase oil output at the West al-Qurna oil field in Basra, Iraq’s second-largest city.
Chevron confirmed their involvement after Total’s chief executive officer publicly discussed the proposed deal Thursday at an oil industry conference in Paris.
“We just want to be consistent with them and confirm that what they’re saying is accurate,” Glaubitz said.
West Qurna field is located about 40 miles west of Basra and is among Iraq’s 10 “super giant” fields with its reserves estimated between 15 to 21 billion barrels, according to Iraqi Oil Ministry and Energy Information Administration.
“Chevron is interested in helping the Iraq government’s objectives to develop its oil and gas industry,” Glaubiz said.
Iraq’s oil ministry expressed approval of foreign companies who want to invest in Iraq. By using the companies financial resources and technical expertise, Iraq’s fields can become more developed and production is increased.
Royal Dutch Shell PLC, BP PLC, ExxonMobil Corp. and Chevron Corp. submitted technical and financial proposals last December, to develop five fields in southern and northern Iraq.
Iraq said it plans to compensate these companies with crude oil rather than in cash.
Iraq has the world’s third-largest oil reserves, totaling more than 115 billion barrels. Iraq’s average production for February was 2.4 million barrels per day while exports average 1.93 million barrels per day.
This article is copyrighted by International Business Times.
http://ibtimes.com/articles/20080412/chevron-total-oil-exxon.htm
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
















Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


MORE DETAILS:












A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































