Russian energy firm, Lukoil has issued tenders for work at Iraq's supergiant West Qurna Phase Two oilfield, Reuters has reported. The company has invited companies to bid for the supervision of a 3D field seismic survey at the oilfield. Lukoil and its Danish partner, Statoil sealed the 20-year deal to develop the West Qurna Phase Two, a 12.9-billion-barrel oilfield in the south, in an auction in December, and pledged to boost output to a plateau target of 1.8 million barrels per day.
You might also like...
Emaar appoints beachfront project contractor
25 April 2024
Acwa Power signs $356m Barka extension
25 April 2024
AD Ports secures Angola port concession agreement
25 April 2024
Abu Dhabi makes major construction investments
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.