With an estimated nine billion barrels of recoverable oil in the area, bp maintains a presence through a 50% stake in a joint venture operating the Rumaila oilfield in southern Iraq, where it ...
Oil production at Rumaila has increased by 40% since 2010, BP says. The UK supermajor, state-owned PetroChina, and Iraq’s state-held Basra Oil Company (BOC) have worked in partnership to develop ...
The Rumaila field, one of the world’s biggest, is jointly operated by Iraq, BP Plc and PetroChina Co., and there are plans to bolster production to just over 2 million barrels per day by the end ...
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