By John Lee.
Mr. Laith Al-Shaher, the director general of the legal directorate in the ministry, said that output at the field has increased from 150,000 bpd in 2010 to 400,000 bpd today. There are plans to increase this to 450,000 bpd next year.
He said that Occidental was pulling out of all projects in the Middle East because of the global financial crisis and the oil prices drop.
Mr. Ahmed Fadhil, the deputy director general of SOC said his company entered the consortium with a share of 29.95 percent.
(Source: Ministry of Oil)