Iraq’s cabinet has approved an agreement with Russia’s Lukoil to transfer oil production operations at the West Qurna 2 field to Basra Oil Company, marking a major shift in management of one of the country’s largest upstream assets.
Iraq’s cabinet has approved an agreement with Russia’s Lukoil to transfer oil production operations at the West Qurna 2 field to Basra Oil Company, marking a major shift in management of one of the country’s largest upstream assets.