Search results
Results from the WOW.Com Content Network
In addition, they will work to raise output from West Qurna 2 to 120,000 barrels per day (19,000 m 3 /d) by 2012 [5] and 1.8 million barrels per day (290,000 m 3 /d) over a period of 13 years. [6] [7] In March 2012, Statoil sold its 18.75% stake in the field to Lukoil, giving the Russian firm a 75% stake, and leaving the Iraqi state oil company ...
The Norway state-owned oil company Equinor exited the last of their joint ventures in Russia by withdrawing the joint venture with Lukoil and exiting the Kharyaga project on 2 September 2022. [35] In 2023 Lukoil is planning to double the production of oil from the Iraq project, West Qurna Field 2, to 800,000 bpd. [36]
West Qurana oil fields phase 2 is a large oilfield in the subdistrict that holds an estimated 13 billion barrels of raw oil. It was first explored by Soviet firms in 1973, but development had been postponed to 2009, and real production only began in late 2013 with 120,000 barrels per day.
Russia's Lukoil now produces some 480,000 barrels per day of oil at Iraq's southern West Qurna 2 oilfield, while Russia's Gazprom Neft , the oil arm of the gas giant Gazprom, is involved in the ...
The president of Russian oil giant OAO Lukoil has said that the company will cut its Iraqi production by 30%, following a decision by the Iraqi government to reduce output in an effort to maintain ...
Another group of protesters entered a water treatment facility linked to the West Qurna 2 oilfield and held two workers hostage for about an hour before leaving peacefully. Production was not ...
West Qurna Field Phase 2 Lukoil: Russia Public 75% 1,800,000 1.15 566,662,500 Badra Gazprom: Russia ... West Qurna Field Phase 1 Shell: UK Public 15% 2,325,000 1.9
West Qurna Field 13-million-barrels (2,100,000 m 3) oil: Lukoil 85% and StatoilHydro 15%; Majnoon oil field 13-million-barrels (2,100,000 m 3) oil: Shell and Petronas; Halfaya Field: CNPC (Petronas / Total) Qaiyarah and Najmah field: Sonangol; Garraf field: Petronas ja Japan Petroleum Exploration Company Limited JAPEX