Iraq Approves Deal to Award Schlumberger $480 Million Deal to Drill Oil Wells

Parvin Faghfouri Azar March 24, 2021 International, Top News Leave a comment 4 Views

The Iraqi cabinet on Tuesday approved a deal to award U.S. company Schlumberger Ltd a $480 million deal to drill 96 oil wells in the south, according to a statement.
Iraq, OPEC’s second-largest producer, relies on oil exports for nearly all its state revenue.

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