The newly appointed Iraq oil minister, Abdul Karim al-Luaibi, announced in December 2010 that the countrys oil output had risen to 2.6 mn bdp from just under 2.4 mn as a result of a production increase from the giant Zubair and Rumaila oilfields.
Leading global oilfield service company Expro has been awarded a multi-disciplinary contract in Algeria, by Petroceltic International plc.
Halliburton has been awarded a wellwork integrated services contract by ExxonMobil Iraq Ltd. for refurbishment of wells in the West Qurna (Phase 1) field in southern Iraq.
KCA Deutag, the international drilling and engineering contractor, recently announced that it has commenced operations in Iraq, with the deployment of one rig in the north of the country and a second being mobilized shortly.
EL Waha Petroleum Co. (previously known as OWAPCO) successfully guaranteed EGPC approval to adopt the new financial budget to implement the development plan of the current fiscal year 2010-2011 in its acquisition in West Qarun.
