Middle East Economic Survey
VOL. LII
No 42
19-Oct-2009
Eni Clinches Zubair Development Contract, As IOCs Relent On Baghdads Terms
Iraq last week awarded the contract to develop the 4bn barrel Zubair oil field to a multinational consortium led by Eni, after it agreed to Baghdads maximum $2/B remuneration fee for incremental production. The consortium plans to raise the fields current output of 195,000 b/d by nearly 1mn b/d over the next seven years, at an estimated cost of $10bn. Eni will have a...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!