Middle East Economic Survey


No 37



Petrel Resources Wins Service Contract For Suba And Luhais Fields

Irelands Petrel Resources announced on 7 September that the Iraqi Ministry of Oil had awarded it an oilfield development services contract for the Suba and Luhais fields in the south of the country with the aim of developing existing proven reserves as a contractor to the ministry. The contract envisages daily production of 200,000 b/d of oil and 100mn cfd of gas,...