Wednesday, October 2, 2024

Baghdad

Kurdistan RegionG concludes contract with UK firm.

Baghdad (IraqiNews.com) The Ministry of Natural Resources in Kurdistan Regional Government announced concluding a contract with the British Company (Gulf Keystone) to invest in Sheikhan Oilfield in Kurdistan Region.The Kurdistan Regional Government reported in statement received by IraqiNews.com on Saturday ”The Regional Government of Kurdistan ratified contracting with the British Company (Gulf Keystone) to implement a strategy aims to develop Shiekhan Oilfield.””The Oilfield will produce (40,000) Oil barrels during the upcoming weeks to increase it to be (150,000) Oil barrels during the next three years,” the statement added. \END\