LUKOIL secures extended contract for West Qurna-2 oil field development in Iraq
In a significant development for Iraq’s energy sector, PJSC LUKOIL has finalized a supplementary agreement with Basra Oil Company, extending the Russian oil firm’s role in the West Qurna-2 project. Taking place in Baghdad, this agreement introduces advantageous terms for LUKOIL and extends the existing service contract by a decade, setting a new horizon to […]