Monday, September 2, 2024

DINAR REVALUATION REPORT: Overview Schlumberger's Training Agreement with Iraq: Enhancing Skills in the Oil Sector, 3 SEPT

Overview

Schlumberger's Training Agreement with Iraq: Enhancing Skills in the Oil Sector. 

In a strategic move to boost the technical and engineering capabilities of Iraq's oil sector workforce, Schlumberger, the world's leading oilfield services company, has signed a cooperation agreement with the Arab Institute for Oil at the Iraqi Ministry of Oil.  This partnership is part of the ministry's broader strategy to enhance the skills and expertise of its employees, ultimately contributing to the country's oil industry development.

Key Objectives

The agreement aims to provide specialized training and development programs for the sector's workforce, focusing on technical and engineering skills By leveraging Schlumberger's expertise, the initiative seeks to improve the performance of Iraq's oil industry employees, which is crucial for the sector's long-term growth and competitiveness.

Stakeholder Perspectives

Deputy Minister for Extraction Affairs, Bassem Mohammed Khudair

Khudair emphasized that the memorandum of understanding aligns with the ministry's strategy to develop technical and engineering skills within the oil sector. This partnership is seen as a significant step towards achieving the ministry's goals in improving workforce performance.

Schlumberger's Executive Director in Iraq, Waseem Al-Azmeh

Al-Azmeh highlighted Schlumberger's commitment to using its expertise to develop the skills of Iraq's oil sector employees. The company views this partnership as an opportunity to contribute to the country's oil industry development and workforce enhancement.

General Director of the Training and Development Department, Hisham Yass

Yass underscored that the partnership with Schlumberger is a crucial addition to the ministry's training program. It will be implemented through the Arab Institute for Oil, which is responsible for certifying training programs and ensuring their alignment with international standards.

Deputy Director of the Arab Institute for Oil, Ghaleb Mohammed Ali

Ali expressed optimism that the collaboration with Schlumberger will help achieve the ministry's objectives in workforce improvement. He sees this partnership as a valuable opportunity for Iraq's oil sector to benefit from Schlumberger's global expertise in training and development.

Potential Impact

The training agreement between Schlumberger and the Arab Institute for Oil is expected to have a positive impact on Iraq's oil sector. By equipping the workforce with advanced technical and engineering skills, the country aims to enhance its oil production capabilities, attract foreign investment, and position itself as a leading player in the global oil market.

Conclusion

Schlumberger's training agreement with Iraq's Arab Institute for Oil marks a significant milestone in the country's efforts to develop a skilled and competitive workforce in the oil sector. Through this partnership, Iraq aims to leverage Schlumberger's expertise to boost the technical and engineering capabilities of its oil industry employees, contributing to the sector's long-term growth and success.

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