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New deal signed between Lukoil and Basra Oil for West Qurna-2 field

May 12, 2018

Source: World Oil

New deal signed between Lukoil and Basra Oil for West Qurna-2 field

In a new deal signed between Lukoil and the Basra Oil Company for West Qurna-2 field shall provide for an oil production plateau of 800,000 bpd. The plan observes that the oil production of 480,000 bpd will be reached in 2020 and 800,000 bpd is expected in 2025.

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