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BP group wins Iraq oil contract:

The contract race is the first opportunity for global energy giants to gain a hold in the country since the Baath party nationalised the Iraq Petroleum Company in 1972, seven years before former president Saddam Hussein took power.
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Highr0ller
  • added July 01, 2009

2 comments // Oil Grab ?

  •  

    It was about the OIL all along.

    Highr0ller
  •  

    "This raises the question of the profitability of the contract," a source involved in the bidding told the AFP news agency.
    "The companies are the ones investing, but have a big problem with the fact that management will be shared," the source said.

    Highr0ller
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