The minister of oil confirmed on the keenness of the ministry of oil to develop the performance of the national companies to execute the technical & engineering projects according to the newest international standards.
The heavy engineering equipment state company celebrated the signature of three individual contracts with specialized international companies with the oil industry, the petrochemical projects and the marine industry.
Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil said that the ministry of oil “according to its plan” is aiming to strengthen the cooperation with the international companies by signing the sharing contracts to execute the strong based technical & engineering projects in the oil sector. He said also that these contracts will give us more experience and technology in the engineering equipment sector, in addition to the transformation of the self-financing companies into profitable companies during the next few years.
Mr. Anmar Ali Hussein the director general of HEESCO praised the efforts of the minister of oil to agree with the well-known international companies. He was also hopeful to achieve the goals of the company through the contract with Weir Engineering Services Limited English Company which has good capabilities in building and maintaining the oil, gas and petrochemicals industries equipment. In addition to the contract with KPS Czech Company which has good capabilities in the oil & petrochemicals industry sector. While the third contract is with Petrojet Company which is one of the Egyptian Petroleum ministry affiliates, which has the executive capability, staff, equipment and long experience in the execution of the oil & petrochemical projects, as well as the different sizes & types of marine industry in the middle east, Arab Gulf & North Africa, in addition to the good capabilities in the oil equipment industry sector.
It is worthy to say that HEESCO was established in 1963 as one of the factories of the ministry of oil in the capital Baghdad and developed itself during this long period. The company has an experience of more than 50 years. It also has many business contracts and activities, in addition to the technological capabilities in the design, making and installation of the engineering equipment… such as the strategic tanks, boilers, heat exchangers, steel s, pressure tanks, refining towers, bridge pillars, river boats and engineering inspection.
Source: Ministry of Oil