Abdul-Hussain bin Ali Mirza, Head of the National Oil & Gas Authority (NOGA) said that the kingdom intends to invest US$15 billion into its oil projects in order to extend its reserves to last for at least 30 more years. Mirza added that this plan comes in light of the agreements signed with Occidental and Mubadalla for the development of Bahrain field which is the producing oil field in Bahrain.- Al-Wasat ...More
published:11/03/2010 10:18 GMT
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