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Iraq signs deal with BP, CNPC for Rumaila field

(Agencies)
Updated: 2009-10-08 19:23

BAGHDAD: Iraq's Oil Ministry has signed a deal with Britain's BP and China's CNPC to develop the super-giant Rumaila oilfield, a spokesman said on Thursday.

"The signed contract will be referred to the cabinet for approval, after which the Oil Ministry will hold a ceremony to announce the beginning of work by the two companies," Oil Ministry spokesman Asim Jihad said.

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He said the deal was signed in Baghdad by ministry officials and representatives of the two companies.