Prime Minister of the Republic of Iraq and Oil Minister received a delegation of PJSC LUKOIL in Baghdad. The parties discussed the progress of the West Qurna-2 project and Block-10, as well as prospects for cooperation in other areas in Iraq.
Managing Director of LUKOIL Mid-East Limited Egor Zubarev met Iraqi Minister of Oil Ihsan Abdul Jabbar in Baghdad.
As a part of the state visit of Vladimir Putin to UAE, Accession to the Ghasha Concession Agreement with a 5% share was signed by President of PJSC LUKOIL and Group CEO of the Abu Dhabi National Oil Company (ADNOC). In
addition LUKOIL and ADNOC signed a
tripartite framework Agreement on future cooperation with the
Russian Direct Investment Fund (RDIF, sovereign fund of the Russian Federation).
Minister of Energy of the Russian Federation visited the stand of PJSC LUKOIL at the World Energy Congress held in Abu Dhabi under the patronage of the Ministry of energy of the United Arab Emirates.
During his working trip to Basra Province Iraqi Minister of Oil Thamir Al-Ghadhban visited West Qurna-2 oilfield.
LUKOIL Mid-East Limited launched first social welfare project on recovery basis, aimed at improving road infrastructure of Medaina District, Iraq.
Representatives of LUKOIL Mid-East Limited took part in the job fair in Basra, Iraq.
President of LUKOIL and Minister of Oil of the Republic of Iraq discussed current projects of the Company and prospects for cooperation at St. Petersburg International Economic Forum.
Illegal employment offers were distributed on behalf of LUKOIL Company.
production at the West Qurna-2 field has reached 100 million tons of oil. LUKOIL continues Phase 2
of the field’s development which envisages growth in daily production to
480,000 barrels in 2020 and to a plateau of 800,000 barrels per day in 2025.