603619
Stock code
(%)






From August 13th
to 25th, Bo
Qiliang, Executive President of ZPEC Group, led a delegation to ZPEC’s Iraq Oilfield Project
Company. Accompanied by Geng Xianliang, Senior Vice President of the
Group and President of the Iraq Oilfield Project Company, he conducted on‑site
reviews of project operations at the EBN and MF Oilfields,
extended greetings to frontline employees, and held discussions with senior
officials from Iraq's Ministry of Oil and the Oilfield Joint Management
Committee. He outlined the next steps for the project company and set forth
specific requirements, calling on all ZPEC personnel to overcome difficulties,
collaborate with determination, and steadily advance the exploration and
development of the two oilfields.
Defining Strategic Priorities and Anchoring Commercial Production Targets
During the on‑site work, a “three‑in‑one, cross‑cutting” approach was
adopted, integrating internal discussions, on‑site inspections, and
external coordination to make the best use of the limited time and to achieve substantial results. In terms of
operational strategy, Bo Qiliang, taking into account the delivery schedules of
long‑lead
items, such as tubing, casing, and wellhead Christmas trees,
called on the Project Company to
resolutely win the battle for commercial production at the EBN and MF Oilfields. In terms of operational execution, he
confirmed that the EBN Project will adhere
to the overarching principle of “parallel drilling and workover operations with
natural flow production,” while requiring that the MF Project
prioritize the drilling of its first appraisal well within the year. As for
project operations, he urged the Project Company
to strengthen its institutional framework, organizational structure,
compliance, and corporate culture, while deeply promoting the ZPEC “Iron‑Blooded Journey” spirit. He
emphasized that this spirit should serve to unite its people and inspire
dedication and entrepreneurship, and that the Project
Company should be built into a true home for ZPEC employees.
Visiting the Oilfield Frontline and Extending Greetings to Frontline Employees
During the inspection, Bo
Qiliang and his delegation visited both oilfields
to gain a first‑hand understanding of production operations. On August 15th, they went to the EBN Oilfield, located on the northwestern outskirts of
Baghdad, to conduct on‑site reviews of 3D seismic data acquisition, workover
operations at Well EB‑56, and wellsite construction at Well EBN‑11. They also held technical
exchanges with seismic data acquisition personnel from the Iraq Oil Exploration
Company and set forth operational requirements for workover and wellsite
construction. On August 21st, Bo
Qiliang visited the MF Oilfield,
approximately 150 kilometers southwest of Baghdad, and inspected the workover
sites at Wells KF‑4 and ME‑1, the wellhead of Well KF‑1, and the wellsite
construction site at Well ME‑9. At the KF‑4 wellsite, Bo Qiliang, on
behalf of the Group's Chairman and President, Mr.
Li Chundi, presented care packages to two engineers stationed at the
wellsite, conveying the Group leadership's appreciation and respect for the
frontline employees who work diligently under extreme heat and harsh desert
conditions.
Meeting with Iraqi Officials to
Deepen Cooperation and Exchange
From August 19th to 24th, Bo Qiliang and
his delegation held meetings with Nasir, Deputy Minister for Extraction Affairs
of Iraq's Ministry of Oil, and Karim Yasser, Director General of the Petroleum
Contracts and Licensing Directorate. Nasir expressed support for leasing early
production facilities (EPF) for the EBN and MF Projects,
expressing his hope that the two oilfields will be brought into production as
soon as possible to boost Iraq's national oil output. He also pledged to
provide support to the best of his ability for workover operations, technical
data collection, and expansion of the concession area.
Bo Qiliang and his delegation
also held in‑depth discussions with Yassin, General Manager of Midland Oil
Company, Fares, Director of the Oilfield Department of Midland Oil Company, as
well as Ameer, Chairman of the EBN Project Joint Management Committee, and
Sadar, Chairman of the MF Project Joint Management Committee. The two sides
exchanged views on key issues concerning the two oilfield projects, including
the leasing of early production facilities (EPF), diesel supply for drilling
and workover sites, and the collection of technical data for the oilfields.
Yassin commended ZPEC for its significant support to Midland Oil Company and
expressed his willingness to assist in resolving issues that ZPEC may encounter
in its various operations in Iraq.
During the visit, Bo Qiliang
presided over the handover ceremony between the outgoing and incoming
leadership teams of the Iraq Oilfield Project Company. He fully affirmed the
outstanding contributions made by Geng Xianliang, the former President of the Project Company, who had led the team through the
project's start‑up phase over the past two years and more. He also expressed
high expectations for the new President, Li Xu. Li Xu stated that he would work
under the Group's unified leadership, carefully plan and optimize deployment,
and lead all employees of the Company in
making every effort to achieve success in the battle for commercial production
at the two oilfield projects.
(Reported and photographed by
Zhang Tiexuan, Iraq Oilfield Project Company)
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