On April 12th, Zhongman Petroleum and British Petroleum Corporation’s Iraq Branch signed an integrated drilling service contract for 15 wells in the Iraqi Rumaila Oilfield. The contract amount is worth approximately $60 million USD.  This project further enhances the company’s comprehensive strength in overseas markets.

It is understood that the project was publicly tendered in November 2017.  Several well-known oil service companies, including the four major oil service companies, participated in the bidding. (Qiu Yunyun)