370
39
th
Annual Report
Studies, Planning and Follow-up Department assisted the company
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to obtain licenses for possession of radioactive elements and its
shelters.
Reservoirs and Field Development Department assisted the
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company in all technical matters the company requires, as well as
in the interpretation of logs of a number of wells. The Department
also trained an engineer to interpret the well logs.
Providing the necessary protection for the company and its
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employees, especially upon transporting the perforation output and
radioactive elements by the oil protection units.
Signature of logging and perforation operations contracts with
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production companies for 2012. The Studies and Planning Department
is promoting ratification of the contracts by the Ministry of Oil.
Production sector companies provided stores for keeping the
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perforators and the relevant accessories.
Production sector companies settled all costs of operations for 2011, while
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the North Oil Company provided financial advances for the activities of
2011. Such advances will be settled along with the costs of works to the
company by the end of the year, as per the annual practice.
North Oil Company and South Oil Company repaid both first and
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second installments for 2011 and 2012 of the debts of AWLCO
on the Iraqi Ministry of Oil under the company’s debt settlement
agreement, and the settlement mechanism signed between the
representatives of the Iraqi government and AWLCO.
3. Training and Development
The company engaged a number of its employees in training courses
within the country during 2011 and the first half of 2012, as follows:
Training two engineers on the operation of production loggers.
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Training the Industrial Safety Division Manager in England, as the
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company obtained Health, Safety and Environment (HSE) Certificate.
Training two engineers in China on open well logging devices.
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Training one engineer in China on interpreting the lining erosion
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loggers.