Iraq and China agree to $3 billion oil service deal
source: http://www.reuters.com/article/newsOne/idUSLR10073920080827
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Iraq and China have agreed the terms of a $3 billion oil service contract, Iraq's oil minister said on Wednesday, announcing the first major oil contract with a foreign firm since the fall of Saddam Hussein.
Energy-hungry China has beaten international oil majors to take the first opening since the U.S.-led invasion for work on the world's third-largest reserves.
Energy-hungry China has beaten international oil majors to take the first opening since the U.S.-led invasion for work on the world's third-largest reserves.
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