The contract, estimated at several billions of dollars, is to take place in oil fields in southern Iraq.
ExxonMobil to use water injection to enhance southern Iraqi oil ouput
The contract, estimated at several billions of dollars, is to take place in oil fields in southern Iraq.
Development of Iraq's oilfields by foreign oil companies is progressing swiftly despite the lengthy process of government formation after Iraqi elections in March, a senior Statoil executive said on Tuesday.
LUKoil, plans to drill the first exploration well at the West Qurna-2 oil field in Iraq, LUKoil CEO Vagit Alekperov said on Wednesday. "We'll start drilling the first exploration well at the end of the year"
