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Saturday, November 7 - 2009

Total: Iraq oil stakes 'this summer'

  • Iraq: Sunday, June 07 - 2009 at 09:40

Jean-Jacques Mosconi, head of strategy and planning at Total has told Reuters that the company expects Iraq to award stakes in oilfields open to bids 'in a matter of two or three months.' He said it would take some time to bring fields back on stream, but declined to say exactly how long it would take to restore higher levels of production, saying that element was part of the bids.

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