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Delegates from the Italian supermajor Eni have met with the governor of Basra in Iraq to discuss the possibility of providing up to 15,000 job opportunities for local men and women in the province.
“The meeting with the ENI delegation has tackled the company’s plan to develop al-Zubair oilfield…,” Governor Shaltagh Abboud Mayyah is reported by Aswat al-Iraq news agency as saying.
Eni won the development contract for the 5 billion barrel reserve al-Zubair field after submitting a belated bid a few months after the first oil licensing auction.
Al-Zubair currently has a production capacity of 195,000 barrels of oil per day but this is expected to be increased to 1.125 million barrels per day in the coming years after an expected investment of up to US$10 billion.
Basra is a Shiite province and lies 590km south of the Iraqi capital Baghdad.
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