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Boskalis signs Iraq oil deal worth $200m

  • Iraq: Saturday, September 15 - 2012 at 04:00

Dutch maritime services company Boskalis has signed a deal, worth up to $200m, with British oil services firm Petrofac to participate in a crude oil expansion project off the coast of Iraq, Reuters has reported. Boskalis has a 50% share of the $70m per year contract, which has options for two annual extensions, and is due to start in 2012.

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