Middle East Economic Survey

VOL. LII

No 44

2-Nov-2009

Iraq Poised For Contract Signings Aimed At 2.8mn b/d Capacity Boost

Italys Eni will sign an initial contract aimed at boosting capacity at the 195,000 b/d Zubair field to 1.125mn b/d on 2 November, while BP and CNPC will formally sign for their deal to lift Rumaila capacity from around 1mn b/d to 2.85mn b/d the following day, a senior Iraqi oil official tells MEES. The Zubair contract will then go to cabinet for approval, which if it is...