ARAWAK HAS RESUMED oil production at its four operated fields in Kazakhstan. Arawak announced on December 5, 2008 that it had curtailed production at the fields following a significant deterioration in margins owing to high taxation and a material decline in world oil prices.
p>ARAWAK HAS RESUMED oil production at its four operated fields in Kazakhstan. Arawak announced on December 5, 2008 that it had curtailed production at the fields following a significant deterioration in margins owing to high taxation and a material decline in world oil prices.Exploration & Production
Petrofac gets US$580mn engineering contract in Middle East
Oilfield services company Petrofac Ltd said it was awarded an engineering contract worth US$580mn by a state-owned oil company in the Gulf Cooperation Council (GCC) for a "major project"
