» Home » Business News Iraq Directory Services Plans Subscription Contact us Site Map Help About Iraq ChevronTexaco training Iraqis ChevronTexaco said it has no intention of pursuing deals in Iraq until there is a stable government, but it is training and equipping Iraqi oil workers in the interim. ChevronTexaco said it hopes technical assistance and training will help build relationships within the Iraqi oil industry and position the company for partnerships once Iraq is stable, executives said at ChevronTexaco's annual analysts meeting in New York. 'Until there is a stable long term government with which companies can make long term commitments bilaterally, I think it's going to be very much this type of thing - support, training and development, building relationships,' ChevronTexaco chief executive Dave O'Reilly said. The company is bringing Iraqi scientists and engineers up to date on technology and offering support on basic issues like equipment reliability and reservoir management, O'Reilly said. Several oil majors have begun positioning themselves to be able to tap into Iraq's vast oil reserves, which are second only to Saudi Arabia. Some oil producers have already been shortlisted to study key oilfields in the country, while others are offering free training and support to the oil ministry. Among US oil companies, ConocoPhillips has publicly pushed for access to Iraq's West Qurna oilfield through its stake in Russian oil company LUKOIL. The Russian company gained license rights for the field during the administration of Saddam Hussein. Source : Trade Arabia © 2002-2004 Iraq Directory - All Rights Reserved