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Iraq Signs Oil Deals with 10 Foreign Companies

HeadlineDec 14, 2009

Blair’s comments come just as Iraq has signed a series of major oil deals. A two-day auction ended Saturday with ten foreign companies winning access to Iraq’s massive reserves. The oil giant Royal Dutch Shell won the rights to the Manjoon oilfield near Basra, one of the world’s largest. The US-based Exxon Mobil and Occidental Petroleum also submitted winning bids.

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