Lukoil issues West Qurna tenders

12 July 2010

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.

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