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FINANCIAL NEWS
Leighton Offshore wins $733m contract in Iraq
28 Sep 2010
(MENAFN) Iraq’s cabinet approved a $733 million contract on Tuesday for oil export expansion to Leighton Offshore Private Ltd, Iraq’s government spokesman said.
The project, for which Foster Wheeler won a project management consultancy (PMC) services contract in July, is expected to boost Iraq’s oil export capacity from the southern city of Basra to 3 million barrels per day from 1.8 million bpd now, government spokesman Ali al-Dabbagh added
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