Iraq to Sign Final Deal With Eni Group for Zubair

Source: Reuters 1/17/2010, Location: Middle East

Iraq's Oil Ministry and a group led by Italian oil major Eni will sign a final deal for the development of the Zubair oilfield on Jan. 22, Iraqi Oil Minister Hussain al-Shahristani said.

Eni and its partners won the right to develop the 4 billion barrel oilfield last year following the country's first auction, in June, of oilfield contracts since the 2003 U.S. invasion.++6


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