Qarun Petroleum Company
He noted that 25 new wells were dug, thus contributing to upping daily oil production to 49,000 barrels by the end of June 2018.
Khalda invested $502 million, while Qarun invested $137 million over the previous fiscal years.
Qarun Petroleum Company’s (QPC) oil production stood at 35,600 barrels per day (bpd) in fiscal year 2016/2017.