Iraq, oil companies agree to restart investment, boost output

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Iraq, oil companies agree to restart investment, boost output
11 August 2016, Baghdad/Basra — Iraq has reached an agreement with BP, Shell, and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017, Iraqi oil officials said. The agreements, reached in July and August, effectively delay […] More »

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