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

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.

About Parvin Faghfouri Azar

Check Also

Russian Rosatom, Iran to Cooperate Building New Nuclear Power Plants

Russian company Rosatom Director General Alexey Likhachev has said that Iran and Russia will expand …

Leave a Reply

Your email address will not be published. Required fields are marked *