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Zacks.com on MSNBP Signs Major Oilfield Redevelopment Deal for Kirkuk OilfieldsBP mentions that the project involves a drilling schedule and the construction of new facilities, including gas expansion projects.
BP, together with PetroChina and Basra Oil Company, is working to develop Rumaila, the ‎second-largest producing field in the world, estimated to hold around 17 billion barrels of remaining ...
BP has estimated that the Kirkuk field holds about 9 billion barrels of recoverable oil. The company holds a 50% stake in a joint venture operating the giant Rumaila oilfield in the south of the ...
A BP statement said: “We continue to actively support the lead contractor – Basra Energy Company Limited (BECL) – in its work to help the operator of the field, the Rumaila Operating ...
BP's (NYSE:BP) deal to redevelop oil and gas ... currently receives from its existing arrangement at Iraq's giant Rumaila oil field. Restructuring downstream operations, selling off the ...
Three energy sources told Reuters that operations at the field had not been affected. Two local oil workers suffered minor burn injuries, the sources said. Production at Rumaila stands at about 1. ...
The company believes that Kirkuk has significant potential and expects the field to contain ... In addition, BP is a 50% stakeholder in the joint venture that operates the Rumaila oilfield in ...
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