Iraq Awarded in Two Major Rumaila Oil “Petrofac” and a Chinese Company

BAGHDAD / Reuters

He said the Cabinet agreed to the establishment of two major project in the field “Rumaila” oil worth 960.8 million dollars.

The Council approved the award of a contract valued at 535.8 million dollars, “Petrofac” British oil services company to provide project management services in the giant Rumaila field, which pumps more than a third of the total production of oil from Iraq, which more than three million barrels per day.

The company won a construction and engineering works “Chinese CNN. Me. E.. C. C” also services contract worth 425 million dollars to carry out the engineering, procurement and construction of the power plant Balrmelh. and develop Rumaila – the largest oil field in Iraq, which contains reserves of 17 billion barrels – group. “BP” with the participation of the British oil company, China National “.. CNBC.”

Baghdad has signed a series of contracts with foreign oil companies in order to increase its oil production to nine million barrels per day by 2020, up from more than three million barrels per day currently.

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