Tag Archives: Lukoil

LUKOIL will remain one of the largest investors and employers in Iraq in the coming years.

Iran Oil Show 2018 is running during May 6-9 at the Tehran Permanent International Fairgrounds.

The scope of Russia’s profit-based tax (NDM) pilot scheme will still be limited in the context of Russia’s upstream sector.

Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.

Iraq is the Organization of the Petroleum Exporting Countries’ second-largest producer after Saudi Arabia.

Iraq hopes to end gas flaring by 2021.

The region'.s second-largest producer had earlier invited bids by April 15.

Lukoil and Gazprom Neft are among the companies invited by Damascus to restore infrastructure destroyed during the war.

The cost of developing the fields is estimated at $674 million. with an additional $68 million in indirect costs.

Aramco is currently drilling for gas in Jafurah and in South Ghawar. the world’s largest oil field.