Lukoil targets the Middle East

By Staff reporter 7 March 2017

Russia’s Lukoil is targeting new projects in the United Arab Emirates, Iran, Oman and Kuwait to expand its operations in the Middle East, regional vice president Gati al-Jebouri, has told Gulf News.

“Our desire and wish is to grow the business significantly in the Middle East; part of that growth comes from Iraq because we recently announced a successful discovery on the Block 10 and we will be carrying out further appraisal wells during 2017. We are investing in further drilling and in the future will...

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