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Oil & Gas

Apache JVs Khalda, Qarun produce 120 million barrels of oil in FY 2016/2017

Posted: August 16, 2017 at 9:57 pm   /   by   /   comments (0)

apacheApache and EGPC Joint Ventures Khalda and Qarun Petroleum Companies together pumped out 120 million barrels of oil in the last fiscal year, according to Al Shorouk. Khalda spent USD 502 million and churned out 107 million barrels, while Qarun spent USD 137 million for an output of 13 million barrels.

(Source: Enterprise.press)

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