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Business / Middle East Business

Iraq signs revised oil contracts

Published: 07 Sep 2014 - 11:45 pm | Last Updated: 21 Jan 2022 - 10:19 am

A worker rides a bicycle at the Halfaya oilfield in Amara, southeast of Baghdad. Iraq signed revised contracts with foreign oil companies for Rumaila and Halfaya  oilfields, that reduced their production targets and extended the life of the deals.