BASRA, Iraq, May 22 (Reuters) - Oil major BP hasallocated $2.85 billion to develop Iraq's Rumaila oilfield in2013, up from $2.2 billion last year, the head of the jointmanagement committee for the field told Reuters.
Salah Mohammad said production from the field would rise to1.450 million barrels of oil per day (bpd) by the end of 2013from around 1.4 million bpd currently produced. (Reporting by Aref Mohammed; Additional reporting and writingby Ahmed Rasheed; Editing by Alison Birrane)