Jacobs and Iraq Oil Co. sign MoU
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
The Iraq Oil Co. and Jacobs have signed a Memorandum of Understanding (MoU) with a view to exploring the mutual benefits of cooperation and joint investment in upstream, downstream, refining and other sectors.
The companies hope that the MoU will facilitate socio-economic development in the Basra region of Iraq, where a high proportion of Iraq’s oil production occurs.
Commenting on the MoU, David Zelinski, Jacobs Petroleum and Chemicals Senior Vice President and General Manager for the Middle East, said: “Jacobs was selected as the single engineering partner to sign this strategic non-binding agreement. We will explore possibilities to deliver our services in support of the oil and gas, refining and petrochemicals sectors in Iraq, from our Saudi Arabian office – where we have had a presence for more than 40 years – as this aligns well with the Kingdom’s Vision 2030 to increase the export of services.”
Read the article online at: https://www.hydrocarbonengineering.com/refining/03012018/jacobs-and-iraq-oil-co-sign-mou/
You might also like
The Hydrocarbon Engineering Podcast - Education and training for every phase of the insulating system design process
In this episode of the Hydrocarbon Engineering Podcast, Brandon Stambaugh, Owens Corning Director for Technical Services, joins us to discuss engineers’ demand for education and training to support the critical phases that affect the performance and longevity of insulating systems.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.