Iraq set to negotiate oilfield contracts with world majors

Iraq is ready to move swiftly in negotiating multi-billion-dollar oilfield contracts with international majors and can sign deals before an investment law is passed by the government, a top oil official said on Friday.

Iraq’s oil minister was set to meet with officials from oil companies gathered in Doha for the International Energy Forum, a round table for producers and consumers, Faraj said. Among those expected in Qatar were Exxon Mobil Chief Executive Rex Tillerson and Chevron boss David O’Reilly.

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