The Iraquian Oil Ministry announced that Schlumberger has been chosen to drill 40 oil wells in the Majnoon oilfield. This deal was signed in light of the efforts that the Iraqi government is taking to boost the production and output of oil from the Majnoon.
https://www.reuters.com/article/us-iraq-oil-oilfields/iraq-in-deal-with-schlumberger-to-drill-40-wells-in-majnoon-oilfield-idUSKBN1OI0PM
Need 40 more to feed AP , and 20 more for quarter report. Than some more to pay worker. Otherwise , slb bussiness is really ....
Share price down another 2%. Brilliant contractual move.
The stock market did not react well to this news and the share price fell slightly. Perhaps business is finally noticing the Emperor's new clothes and consider the contract to be a loss leader.
Are these the ones Shell left in June?
Love the grammar here
Did you just invented word iraquian ?
Correct spelling is Iraqi
Small news, 22 wells can be done quickly here in the states
Funny. Majnoon translated means "crazy person".