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Oil & Gas

Russian link for oil venture

UK firm Premier Oil is teaming up with Russia's Bashneft to develop Iraq's oil block 12. Last month, Iraq awarded Bashneft rights to develop the field. Premier Oil will get a 30% stake in the project.
By Keith Findlay
16/07/2012, 12:22 am
Russian link for oil venture
UK firm Premier Oil is teaming up with Russia's Bashneft to develop Iraq's oil block 12. Last month, Iraq awarded Bashneft rights to develop the field. Premier Oil will get a 30% stake in the project.

UK firm Premier Oil is teaming up with Russia’s Bashneft to develop Iraq’s oil block 12. Last month, Iraq awarded Bashneft rights to develop the field. Premier Oil will get a 30% stake in the project.

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