VOL. XXXI

NO. 45

15-AUGUST-1988

IRAQ

French and Yugoslav Firms Win Contract for Khabbaz Field Development

France's Technip Geoproduction and its Yugoslav affiliate, Petrolinvest, havebeen awarded a two-year $62mn contract by Iraq's state-owned North Oil Companyfor the development of the Khabbaz oil field in the central part of the country.Payments will be made through a special fund financed by the sale ofapproximately 10,000 b/d of crude oil by Iraq's SOMO. The volume would beadjusted in...