Rumaila spending 'cut by $1bn’

BP is set to cut this year's expenditure on development work at the giant Rumaila oilfield in southern Iraq to $2.5 billion from $3.5 billion, according to a report.

Cuts: BP' Rumaila development work drops to $2.5 billion
Cuts: BP' Rumaila development work drops to $2.5 billion
Published 18 May 2015, 15:32Updated 17 October 2016, 12:42
Middle EastNorth Africa