Petrel Resources plc, along with its subsidiaries, is engaged in oil and gas exploration. The company is also focuses on exploration in Iraq, Ghana and Ireland. It has two business segments: mining exploration and development, and construction of an oil field. The company also holds a 30% interest in Pan Andean Resources Limited. The Subba and Luhais development services contract represents a contract with the Iraqi Ministry of Oil, and SCOP (State Company of Oil Projects) to assist design, supply materials and services for the development of an oil field. The company�s subsidiaries include Petrel Industries Limited and Petrel Resources of the Middle East Offshore S.A.L.