Rumaila Operating Organization
Private | |
Industry | Petroleum |
Founded | 2010 |
Founder |
BP, CNPC, South Oil Company |
Headquarters | Rumaila oil field |
Website | www.rumaila.iq |
Rumaila Operating Organization (ROO) is an international petroleum company based in Iraq.
Overview
Rumaila Operating Organization was founded by BP, CNPC and South Oil Company (SOC) to manage the 20-year rehabilitation and expansion of Rumaila oil field in southern Iraq.[1] The company planned to hire mainly local employees to oversee the operations, with a smaller number of technical experts and managers from BP and CNPC.[2] The operations of the company were scheduled to begin in July 2010.[3]
BP (38% ownership, headquartered in UK) and CNPC (37%, China) had earlier signed a contract with SOC (25%, Iraq) in 2009 to develop and increase production at Rumaila field, Iraq's largest.[4]
References
- ↑ "BP and CNPC to Develop Iraq's Super-Giant Rumaila Field" (Press release). BP. 2009-11-03. Archived from the original on April 19, 2013. Retrieved 2016-04-24.
- ↑ "CNPC and BP to Rejuvenate Iraq's Rumaila Oilfield" (Press release). CNPC. 2009-11-03. Archived from the original on July 22, 2012. Retrieved 2016-04-24.
- ↑ "BP President of Iraq on the Progress of the Rumaila Oil Field Development". Iraq Directory. 2010-06-21. Retrieved 2016-04-24.
- ↑ "BP, CNPC sign contract to develop Iraq's Rumaila field". RIA Novosti. 2009-11-03. Retrieved 2016-04-24.
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