Iraq’s Rumaila Oilfield Produced 3b Barrels
Thursday, 22nd December 2016
The Rumaila Operating Organization (ROO), composed of BP, PetroChina and the South Oil Company of Iraq, announced that the Rumaila oilfield has produced 3b barrels of oil since the joint venture began operating in January 2010.
Iraq Reached $3.6b Foreign Oil Investment Deal
Sunday, 14th August 2016
Iraq has reached an agreement with BP, Shell, and Lukoil to restart stalled investment in oil fields that the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017.