Iraq’s Rumaila Oilfield Produced 3b Barrels

• Thursday, 22nd December 2016
• by Egypt Oil & Gas

The Rumaila Operating Organization (ROO), composed of BP, PetroChina and the South Oil Company of Iraq, announced that the Rumaila oilfield has produced 3b barrels of oil since the joint venture began operating in Ja ...

Iraq Reached $3.6b Foreign Oil Investment Deal

• Sunday, 14th August 2016
• by Egypt Oil & Gas

Iraq has reached an agreement with BP, Shell, and Lukoil to restart stalled investment in oil fields that the firms are developing, allowing projects that were halted this year to resume and crude production to incre ...