Gazprom Neft Cuts Output Forecast Iraq Oilield

Thursday, November 8, 2018

Russian oil producer Gazprom Neft has made a further cut to its forecast for the level at which output will plateau at the Badra oilfield in Iraq, the company said on its website on Thursday.

The post cited comments made by Deputy Chief Executive Vadim Yakovlev in an interview with media outlet Energy Intelligence, saying average production will plateau at 80,000 bpd this year.

The plateau for the next few years was previously expected to be 85,000 bpd.


(Reporting by Vladimir Soldatkin Editing by David Goodman)

Categories: Middle East Oil

Related Stories

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

Norwegian Oil Investment Will Peak in '25

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Current News

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

CNOOC Brings Online Another Oil and Gas Project in South China Sea

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Subsea7 Secures Work at Black Sea Field off Türkiye

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

PXGEO Nets First Seismic Survey off Malaysia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com