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Zubair cuts production target by 30%

Italy's Eni announced Monday it has signed an amendment to its Zubair contract, reducing the production plateau target from 1.2 million barrels per day (bpd) to 850,000 bpd.
Flares burn off natural gas associated with crude oil production at the Zubair field in Basra. (STAFF/Iraq Oil Report)

Italy's Eni announced Monday it has signed an amendment to its Zubair contract, reducing the production plateau target from 1.2 million barrels per day (bpd) to 850,000 bpd.

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