Iraq Drilling Co. and Mesopotamia Petroleum announce joint venture

Iraq Drilling Co. says a joint venture is imminent with U.K.-based Mesopotamia Petroleum Co. Idriss Muhsen al-Yassiri, the director general of IDC, one of the companies of the Iraq Oil Ministry, made the announcement Sunday at the Iraq Energy Expo & Conference in Baghdad.

Yassiri was explaining the need to enhance Iraq's drilling capabilities to increase and enhance well recovery and add to the technology of the IDC. He then asked Mesopotamia Petroleum Executive Chairman Stephen Remp and Deputy Chairman Peter Redman to stand and be recognized.