Bashneft International B.V., a Rosneft subsidiary, has discovered a new oilfield named Salman, following the drilling of the first exploration well in Block 12 in Iraq, the oil major announced on May 23, 2018.

The exploration well was successfully drilled to the depth of 4,277 meters, resulting in an oil flow that makes reserves apparent.

The company considers this discovery an important landmark in upstream projects abroad.

Block 12 is located in southwest Iraq, in an unexplored area of the Arabian Plate, approximately 80 km to the south of the city of As-Samawah and 130 km to the west of the city of Nasiriyah. It has an area of 7,680 sq. km. Bashneft International B.V. is an operator of the project.