The solutions lie in a more serious government resolve as well as in exploring new avenues to secure investment in the sector such as revising incentives, sharing security risks collaterally, joint venture arrangements, and bilateral agreements with major Iraqi crude oil importing countries and upstream/downstream integrated contracts.
Nawar Abdulhadi: What is the role of the Arab Petroleum Training Institute in enhancing projects performance and research?
Shawki Al-Khalisi: The role of the Arab Petroleum Training Institute is basically to help in human resources development so that ranks and specialties can take part individually or collectively in the betterment of the efficiency and performance of the establishment where they work. The institute also takes part in petroleum related techno-economics studies on its own or in collaboration with others.
Iraqi and IOCs personnel are engaged in the day-to-day operations such as wells work-over, the recently introduced in Iraq, horizontal drilling and many other activities. These activities are backed by field oriented studies and research that help customize the available off-the-shelf know-how and facilitate its effective implementation for the specific requirement. They further contribute to updating the know-how and to inciting ingenuity and creativity within the working groups involved.
Nawar Abdulhadi: What is your main interest at the Iraq Petroleum 2017 Conference?
Shawki Al-Khalisi: I consider the conference as a distinguished forum for the encounter for industry specialists, investors, vendors, contractors and oil companies, both Iraqis and non-Iraqis, to meet and get acquainted with the latest activities and plans related to the petroleum industry in Iraq.