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Badra Oil Field, Wasit Province

Location

Wasit Province, eastern Iraq

Ownership

Iraqi Oil Exploration Company (25%), Gazprom Neft (30%), Korean Gas company (KOGAS- 22.5%), Petronas (15%) and TPAO (7.5%)

Investment

$2bn

Production Started

December 2013

Main Contractors

Samsung Engineering and Petrofac

Reserves

Three billion barrels of crude oil

Drilling Contractor

Schlumberger
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