Russia’s Lukoil is looking at further development of its giant West Qurna 2 oilfield onshore Iraq and has also started a key appraisal campaign at Block 10, also in Iraq, which is expected to hold more than 1 billion barrels of recoverable oil reserves.
Lukoil vice president and Middle East upstream head Gati Saadi Al-Jebouri said the company is in talks with the Iraqi authorities to further develop the Mishrif formation at West Qurna 2.