Beyond the Headlines: May 7, 2012
<ul><li> Exxon-IDC ink W. Qurna deal</li> <li>Dhi Qar plans new airport</li> <li>Oil Ministry signs equipment deals</li> <li>IEI signs MoU for Iraq oil schools </li></ul>
Flares at the Nassiriya oil field, which is producing more than 10,000 bpd. Its short-term target is 40,000 bpd, but has encountered problems with its pumps. (STAFF/Iraq Oil Report)
Exxon-IDC ink W. Qurna deal
BASRA – State-owned Iraq Drilling Company (IDC) signed a 20 well, $100 million contract with ExxonMobil for work on the West Qurna 1 field.
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