Middle East Economic Survey

VOL. LIII

No 14

05-April-2010

IRAQ

BP Awards Rumaila Drilling Contracts To Three Firms

BP has awarded contracts worth a total $500mn to three international firms for the drilling and provision of rigs for seven new wells in the Rumaila oil field in southern Iraq, the company announced on 31 March. Work will begin in the second half of 2010. Schlumberger, in partnership with the state-owned Iraqi Drilling Company, will provide three rigs, as will PetroChina subsidiary...