The Iraqi Council of Ministers has approved a modification to the contract area of the East Baghdad Oil Field - Southern Region, adding 95 km² west of the Diyala River.According to the Media Office of the Prime Minister, this expansion aims to exploit an estimated 710 million barrels of crude oil within the newly incorporated area.The field is operated by Midland [Middle] Oil Company (MdOC) and EBS Petroleum, a body registered in Iraq to conduct the petroleum operations on behalf of China's ZhenHua Oil, (ICE AMMAN)

Fonte notizia: Stampa Locale