ZPEC Wins BP Project Contract in Iraq’s Rumaila Oilfield
Source: www.gulfoilandgas.com 4/12/2018, Location: Middle East
Zhongman Petroleum and British Petroleum Corporation’s Iraq Branch signed an integrated drilling service contract for 15 wells in the Iraqi Rumaila Oilfield. The contract amount is worth approximately $60 million USD. This project further enhances the company’s comprehensive strength in overseas markets.
It is understood that the project was publicly tendered in November 2017. Several well-known oil service companies, including the four major oil service companies, participated in the bidding.