CNOOC and Zhenhua Oil signed a general drilling contract in Iraq
Recently, the reporter learned from China Oilfield Services Iraq Branch that the company and Zhenhua Petroleum Dongba Petroleum Co., Ltd. signed a general contract for the drilling of 32 wells in the south section of East Baghdad Oilfield in Baghdad, the capital of Iraq, with a period of 2 years.
The South Section of East Baghdad Oil Field Project was put into operation in 2019. It is the first oil field project in Baghdad and has important economic and social significance. Zhenhua Petroleum Dongba Petroleum Co., Ltd., as an oilfield operator, will continue to increase investment and increase crude oil production, with a view to making the crude oil production of the project reach 40000 barrels per day in the near future. The signing of the EPC service contract for the drilling of 32 wells will stimulate the local economy and employment and improve the oil production capacity.
As a reserve supplier of CNOOC, Haihao Group closely follows the progress of overseas projects of CNOOC. Last year, Haihao has completed several projects with CNOOC. This year, Haihao will continue to follow up the project information, continuously improve its products and services, and strive to complete more orders for related products in the new year.