News In Brief
NOC officials says oil production is recovering
A member of the Board of Directors of the National Oil Corporation, Jadallah Al-Okli, stated Saturday that the daily oil production has made a remarkable recovery in the last period.
In a press statement, Al-Okli explained that the oil production healing depends on the availability of necessary budgets, in addition to maintaining security and stability in the oil regions.
He also pointed out that the meetings of the Board of Directors in the past period concluded to adopt the proposals and programs of corporate activity for the current year and to give priority to the national service and engineering companies of the institution in the implementation process.
Al-Okli noted that the departments concerned in the NOC are currently reviewing their budgets for the current year in order to present them for adoption.