Iraqi Firm to Drill 76 Oil Wells in 2011
The Iraqi Drilling Co has announced plans to drill 65 wells in 2011 as part of a national effort to boost oil output to more than 200,000 barrels per day, Reuters has reported.
The Iraqi Drilling Co has announced plans to drill 65 wells in 2011 as part of a national effort to boost oil output to more than 200,000 barrels per day, Reuters has reported.
Board of advisors in the Iraqi prime ministry emphasized that the development of Resha gas field which lies on Iraqi-jordanian borders is still under study, the chairman of the board of advisors Thamir alghadban said that the deal Iraq and Jordan reached…
Iraq’s state-owned Iraqi Digging Company has announced on Sunday that it had managed to dig 189 oil wells in 2010 and planning to dig and rehabilitate 140 other oil wells in 2011, according to a statement by its director.
Iraqi and Syrian Prime Ministers, Nouri Al-Maliki and Mohammad Naji Otri respectively, discussed economic cooperation as well as a host of issues of common interest.
Iraqi oil production could rise to 4.4 million barrels per day (bpd) by 2015, according to a report by Bank of America Merrill Lynch yesterday.