International

Malaysia’s national oil company Petronas holds a 30 percent stake in the field while the Iraqi government holds the remaining 25 percent.

The two companies will be represented by four board directors each. sharing nomination rights for senior executives.

Dating back to the 1900s. Baker Hughes is a leading supplier of oil field services. products. technology and systems to the worldwide oil and natural gas industry.

In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.

BP is a global energy company with wide reach across the world’s energy system.

Under the terms of the agreement. the daily volume of extracted gas is set to reach four million cubic meters. The gas will then be delivered to a gas-to-liquid refinery at Mossel Bay.

State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.

The Kish gas field is expected to yield 28 million cubic meters per day of gas. to be used domestically. and 11.300 bpd of gas condensate set for export.

Schroeder held the office of the German chancellor in 1998-2005 and was the leader of the SPD in 1999-2004.

The subject of the study is an area that could contain up to 14 billion barrels worth of oil reserves.