Basra Energy Company established to run Rumaila Oilfield

By John Lee. The Iraqi Ministry of Oil has officially established the new Basra Energy Company (BEC), which will be the main contractor at the giant Rumaila oilfield, under a Technical Service Contract (TSC). Representing BEC at the ceremony, Zaid Elyaseri (BP) said the field will be developed to reach a peak production of 1.7 […]

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