Indian-based Asian Oilfield Services Limited has announced that it has won orders totalling $37 million in Iraq.
The orders relate to seismic acquisition at Block 12, with $12 million for a 2D survey and $25 million for a 3D survey.
Block 12, located in the Najaf and Muthanna provinces, is being developed by Russia’s Rosneft, and PetroVietnam.
According to a statement issued to the Bombay Stock Exchange, the order is to be executed within FY20 and FY21.
The company has previously carried out 3D surveys at the Shakal block and Taza block in Iraqi Kurdistan.
Iraq Business News