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Monday, April 27, 2009

Iraq: Total-Chevron, Statoil and Nahr Bin Omar oil contractnote

Total and Chevron are said to have begun contacts with the Iraqi Oil Ministry on a project to develop Nahr Bin Omar oil field. The following 349-word report focuses on these contacts and tells what the impression is in Baghdad about Total. It also tells whether Statoil is expected to be able to compete against Total-Chevron or not. Note that the Iraqi Oil Ministry has recently invited Total, Chevron and Statoil to bid for the project.

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