VOL. XLI
No. 02
12-January-1998
IRAQ
Iraq Discusses Buy-Back Deals With Foreign Oil Firms
The Iraqi Ministry of Oil is currently holding talks with foreign firms for buy-back deals in respect of oilfields that were either under development or included in the plans for development prior to the invasion of Kuwait in August 1990, MEES learns from authoritative sources. The negotiations basically involve engineering contracts to develop a particular field and provide the necessary...
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