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Shamoo: Iraq service contracts by company and country

hypocritexposer

Well-known member
Facts are Facts, Shamoo. Here you go. Please explain to all us stupid people how American companies are stealing Iraq's oil.



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Notes: 1. Field shares are as a % of the total. The Iraq state retains a 25% share in all fields for which Service Contracts have been awarded. 2. Production Increase Share is the millions bbls per day that will attract the Service Fee for the company. 3. Gross revenue at plateau is the total payment each company will receive upon reaching their declared target plateau production rate (in between 5 and 8 years depending on field), before deduction of any operating costs but in addition to recovery of all development costs as billions of US$ per annum. The total gross revenue for all companies, after recovery of capital costs, is at plateau production of an additional 9.4 mb/d, 4.34 bn US per annum at a $70 bbl oil price. The 2010 Iraq govt budget is $60 billion. $300 billion is 10,000 per annum approx for every Iraqi citizen per annum.

In summary the shares by region in the increased production are:


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http://en.wikipedia.org/wiki/Iraq_oil#Energy
 

hypocritexposer

Well-known member
As for the big five oil companies being shut out of Iraq by Saddamm forr the past 30 years.....

Time for Iraq War Oil Profits Taxes – Part II
By Nick Mottern, Director, ConsumersforPeace.org


The Big Five and other oil companies have been importing oil from Iraq since before the invasion, purchasing it through that nation’s oil company. Indeed in late 2002, just prior to the invasion, U.S. oil companies doubled their Iraqi imports to compensate for a drop in Venezuelan shipments. In April 2008, imports from Iraq to the U.S. were slightly below the level at the time of the invasion. The following companies, along with the Big Five, imported Iraqi oil into the U.S. in January 2008: Flint Hills Resources, Koch Supply & Trading Company, Marathon Petroleum, Tesoro, Total and Valero. The Big Five and Valero are constant importers of Iraqi oil, month to month; imports by the other firms are less regular.

http://consumersforpeace.org/index.php?filename=archive-time-iraq-war-profits-taxes.html


Maybe you've even heard of the "oil for food" scandal? The UN "oil for food" program allowed Iraq to sell oil from 1996 until 2003.


Three of America's biggest oil and gas companies have received subpoenas from federal prosecutors related to the U.N. oil-for-food program in Iraq.

Exxon Mobil Corp., ChevronTexaco Corp. and Valero Energy Corp. -- all major buyers of Iraqi oil under the U.N.-managed program -- were sent subpoenas last week by the U.S. attorney for the Southern District of New York.

"We are responding appropriately," said Prem Nair, spokeswoman for Exxon Mobil, the largest provider of gas and oil in the United States.

"We purchased oil through the oil-for-food program from the beginning of the program to its end, and everything we did was within U.S. law and U.N. guidelines," Nair said.

snip

In March, an official from the General Accounting Office, the investigative arm of Congress, told a subcommittee of the U.S. House of Representatives that Saddam Hussein personally made $10.1 billion between 1997 and 2002, $4.4 billion on oil sold through the program and the rest through smuggling.

http://articles.cnn.com/2004-06-22/us/oil.program_1_oil-for-food-program-oil-sales-iraqi-oil?_s=PM:US


Your advanced degree isn't in fact finding, is it?




American Oil companies were buying more of Iraq's oil, before the invasion, than they are now. In the contracts that were negotiated in 2009, Iraq retains 25% ownership in all oil fields and US companies do not own the majority of these new contracts.


Tell us again how the oil companies are stealing Iraq's oil?


Maybe you don't understand how the oil business works? The contracts that were awarded in 2009 are for development, not ownership of the oil. the oil is then transported by pipeline to a terminal. It is sold on the world market and from there.

Oil companies have to compete/trade to own that oil, then ship it to refineries.

Do a little research before you spout off about something you know little about, it only takes a minute.


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http://www.eia.doe.gov/emeu/cabs/Iraq/pdf.pdf
 

hopalong

Well-known member
Shamefull would not know a fact it it hit him in the head!
Th :D :D :D

In fact that is he real problem been hit in the head too many times

Scambled brains :wink: :wink: :wink:
 
A

Anonymous

Guest
ok....morons...here I am...just finished eating some apple pie...i must have been good as I got a lot of cool presents tonight...

anyway, i said western oil companies not american oil companies...go look at my posts..how much iraqi oil was exxon, shell, and bp getting prior to our invasion...it does not matter what country they are from, this war was only about money...for corporations....

1) what about the money halliburton and brown and root have made off of war profiteering...?

2) what about the money american companies have made such as ones with defense contracts?

the fact is the western oil companies are back in iraq after the invasion and overthrow of saddam...that fact is indisputable.
 

Steve

Well-known member
if you really understood the depth of how Money and countries work, you would understand that Oil is a drop in the bucket,..

Saddam wanted to get the oil producing countries to go off the dollar and into other currencies for trade,.. a move that would destroy our economy and country, as well as the western world banking,..

in all it would create a depression for the western world that would take decades for US to climb out if we ever did...
 

hypocritexposer

Well-known member
shaumei said:
ok....morons...here I am...just finished eating some apple pie...i must have been good as I got a lot of cool presents tonight...

anyway, i said western oil companies not american oil companies...go look at my posts..how much iraqi oil was exxon, shell, and bp getting prior to our invasion...it does not matter what country they are from, this war was only about money...for corporations....

1) what about the money halliburton and brown and root have made off of war profiteering...?

2) what about the money american companies have made such as ones with defense contracts?

the fact is the western oil companies are back in iraq after the invasion and overthrow of saddam...that fact is indisputable.

The fact is that they were there before the invasion in 2003. They were also trading more Iraqi oil at that time.

You cannot deny that. Your "facts" are wrong. Do I have to post the actual numbers from "western" companies?

I'm wondering why you are not presenting the evidence that the "western" oil companies were conducting illegal deals with saddam, during the "oil for food" scandal. that would be a better conspiracy type story, don;t ya think? Seeing as it has already been proven.

Do you deny that "western" oil companies were purchasing oil from Iraq between the years of 1996 and 2003?

You do have an advanced degree, don't cha? And you are more intelligent than the rest of us, correct?

Why don't you show us that "western" oil companies were exporting/purchasing zero barrels of oil from Irag for the past 30 years.

Debunk my numbers, if you can.



shaumei said:
we do not do that kind of scheme...we just do a war on terror... wherever the oil is located, these folks "attack us" so we conquer their country and steal their oil....


shaumei said:
western oil companies run iraqi oil ministry now....do you doubt that? it is fact...

How many oil companies are in Iraq, shamoo? Were any of them owned by the Kurds and selling oil to "Western" companies before 2003?



shaumei said:
We murdered hundreds of thousands of Iraqis. this is not for usa oil...this if for the corporations oil and profits...the facts are the facts..the western oil companies are back after 30 years since saddam kicked them out...the exact same oil companies he ran off...they got NO BID CONTRACTS none the less.

After 30 years, huh? No bid contracts, that they lost to China and other Countries, correct?


You are missing the foresst for the trees in your Iraq/Oil consopiracy theory. You are not looking big picture.

The Western oil companies were purchasing/exporting, from Iraq, as much before the invasion as they are now. The advantage they were looking for, was the positioning of the US military, for the eventual takeover of the Iran oilfields, which they did not have as much access too. They were also positioning themselves for the military protection of the planned afghanistan pipeline.

Use the intelligence you gained from your advanced degree, to look a little further into the future. Does your brain not work strategically, or what?

You know, if you are going to come onto a website and spew your BS, at least present some believable BS, backed up with some facts.


:roll:


Which "Western" companies would you like the oil export/purchase numbers from, pre 2003?
 

Whitewing

Well-known member
shaumei said:
ok....morons...here I am...just finished eating some apple pie...i must have been good as I got a lot of cool presents tonight...

anyway, i said western oil companies not american oil companies...go look at my posts..how much iraqi oil was exxon, shell, and bp getting prior to our invasion...it does not matter what country they are from, this war was only about money...for corporations....

1) what about the money halliburton and brown and root have made off of war profiteering...?

2) what about the money american companies have made such as ones with defense contracts?

the fact is the western oil companies are back in iraq after the invasion and overthrow of saddam...that fact is indisputable.

Translation: I've been shown to be a complete moron again so I'll change the subject.

Good post Hypo. I especially love the pie graphs, something even Shamu can grasp.
 
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Anonymous

Guest
Steve said:
if you really understood the depth of how Money and countries work, you would understand that Oil is a drop in the bucket,..

Saddam wanted to get the oil producing countries to go off the dollar and into other currencies for trade,.. a move that would destroy our economy and country, as well as the western world banking,..

in all it would create a depression for the western world that would take decades for US to climb out if we ever did...

moron, i know that saddam wanted off the dollar...do you know how we were able to get oil traded in dollars in the first place and why we will never be free of foreign oil....the jew kissinger was involved in making sure that is the case...
 
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Anonymous

Guest
Whitewing said:
shaumei said:
ok....morons...here I am...just finished eating some apple pie...i must have been good as I got a lot of cool presents tonight...

anyway, i said western oil companies not american oil companies...go look at my posts..how much iraqi oil was exxon, shell, and bp getting prior to our invasion...it does not matter what country they are from, this war was only about money...for corporations....

1) what about the money halliburton and brown and root have made off of war profiteering...?

2) what about the money american companies have made such as ones with defense contracts?

the fact is the western oil companies are back in iraq after the invasion and overthrow of saddam...that fact is indisputable.

Translation: I've been shown to be a complete moron again so I'll change the subject.

Good post Hypo. I especially love the pie graphs, something even Shamu can grasp.

whitewing,

translation, do not talk about halliburton charging $100 for each load of clothes they wash for our military...

the western oil companies are back in the iraqi oil fields...saddam had run them off over 30 plus years ago...they are back and this is fact...without the overthrow of saddam this would not be the case. period.
 

Whitewing

Well-known member
shaumei said:
Whitewing said:
shaumei said:
ok....morons...here I am...just finished eating some apple pie...i must have been good as I got a lot of cool presents tonight...

anyway, i said western oil companies not american oil companies...go look at my posts..how much iraqi oil was exxon, shell, and bp getting prior to our invasion...it does not matter what country they are from, this war was only about money...for corporations....

1) what about the money halliburton and brown and root have made off of war profiteering...?

2) what about the money american companies have made such as ones with defense contracts?

the fact is the western oil companies are back in iraq after the invasion and overthrow of saddam...that fact is indisputable.

Translation: I've been shown to be a complete moron again so I'll change the subject.

Good post Hypo. I especially love the pie graphs, something even Shamu can grasp.

whitewing,

translation, do not talk about halliburton charging $100 for each load of clothes they wash for our military...

the western oil companies are back in the iraqi oil fields...saddam had run them off over 30 plus years ago...they are back and this is fact...without the overthrow of saddam this would not be the case. period.

I'd not be so quick to pull the trigger on that one myself. Saddam may have run them off 30 years ago but I don't know for a fact that the reason they weren't operating there before the invasion was because of Saddam....and the "fact" that he did not want them there.

I'm thinking there may have been some strict trade restrictions for any western company trying to do business with Saddam and some serious sanctions if anyone tried to get around those restrictions.

Many countries threw out the mulit-nationals years ago only later to sheepishly invite them back in when they realized that there own in-house experts were not experts at all. Most quickly realized that western drilling and production technology was some of the best in the world.

Shamu, I'm not going to chase your loony logic all over the internet trying to prove you wrong because more often than not, you're just that, WRONG. Then, once shown to be wrong, you either ignore it or alter your comments very slightly and then continue repeating the same lies.

You're a loon Shamu.
 
A

Anonymous

Guest
you do not have to chase me all over the net to find the truth. western oil companies were run off by saddam over 30 years ago...they are only now back after overthowing him. this is fact.
 

Whitewing

Well-known member
shaumei said:
you do not have to chase me all over the net to find the truth. western oil companies were run off by saddam over 30 years ago...they are only now back after overthowing him. this is fact.

Wow, that was profound. Excellent research on your part Shamu.

You see, here's a perfect example of you altering your stance when someone questions your "facts".

First it was Saddam threw them out, they didn't re-enter because Saddam didn't want them back in, and only the overthrow of Saddam resulted in their re-entry.

Now it's, Saddam threw them out, and they are only now back in after overthrowing him.

After exhaustive examination of all available evidence, I stand by my conclusion that you're a loon.
 
A

Anonymous

Guest
Whitewing said:
shaumei said:
you do not have to chase me all over the net to find the truth. western oil companies were run off by saddam over 30 years ago...they are only now back after overthowing him. this is fact.

Wow, that was profound. Excellent research on your part Shamu.

You see, here's a perfect example of you altering your stance when someone questions your "facts".

First it was Saddam threw them out, they didn't re-enter because Saddam didn't want them back in, and only the overthrow of Saddam resulted in their re-entry.

Now it's, Saddam threw them out, and they are only now back in after overthrowing him.

After exhaustive examination of all available evidence, I stand by my conclusion that you're a loon.

yes, both times...saddam threw them out...

just because you cannot handle facts does not make anyone a loon...truth messes with your small reality. the western oil companies are back in iraq only due to the overthrow and murder of saddam. period.
 
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