Bashneft initials the contract for exploration and development of Block 12 in Iraq
The Iraqi Ministry of Oil and the Consortium comprised of Bashneft (70%) and Premier Oil (30%) initialled the contract for geological exploration, development, and production at Block 12 today in Baghdad. The contract was submitted for approval from the Council of Ministers of the Republic of Iraq. The obligatory five-year geological exploration programme at Block 12 (which can be extended twice, …
Lukoil starts active development at the West Qurna-2 field in Iraq
LUKOIL started production drilling and construction of a key production facility, namely a Central Processing Facility, at the West Qurna-2 field in Iraq today. Abdel Karim al-Luaibi, the Iraqi Oil Minister, and also the heads of the Basra province, Iraq’s South Oil Company, LUKOIL Overseas and of the major contractor …
Lukoil Starts Drilling at Iraq’s West Qurna-2 Field
LUKOIL started production drilling and construction of a key production facility, namely a Central Processing Facility, at the West Qurna-2 field in Iraq today. Abdel Karim al-Luaibi, the Iraqi Oil Minister, and also the heads of the Basra province, Iraq’s South Oil Company, LUKOIL Overseas and of the major contractor …
Lukoil Signs Contracks for West Qurna-2 Field Construction in Iraq
LUKOIL Mid-East Ltd (West Qurna-2 project operator) has signed several major contracts for the West Qurna-2 field infrastructure development in Iraq based on the tender results. The contract with Samsung Engineering (Korea) sets out 29 months to construct 5 well pads with 67 development wells, 5 gathering lines, a central …
Gazprom Neft Starts Work on Third Well at the Badra Field in Iraq
Gazprom Neft has started work to reactivate well Bd1 at Badra, Iraq, where it is operator. The work will make it possible to determine the technical state of the well and subsequently test four productive stratas at the site. This is the third well at Badra that Gazprom Neft has …