Facebook Linkedin 177 oil wells are expected to be drilled in Iraq.Iraq held talks with foreign and local oil companies, To drill 177 new oil wells, In the oil fields in Basra, Maysan and Nasiriyah, In the south of the country. 37 wells in the Zubair field20 wells in the Nasiriyah field28 wells in the […]
A new big jump in the number of oil wells in Iraq Read More »
Facebook Linkedin Schlumberger won a contract worth $ 480 million to drill 96 oil wells in southern Iraq for the Basra Oil Company and Exxon Mobil, which operates the giant West Qurna 1 field, with partners from Iraq, Japan, Indonesia and China. West Qurna 1 is one of the largest oil fields in the world.
Facebook Linkedin A fall in oil prices should cause a reduction in transport and fuel costs for firms. Consumers who will also benefit from the lower prices of transport and fuel. The lower oil prices will effectively increase their disposable income and enable them to spend more on other goods. Because oil is the most
Effect of falling oil prices Read More »