Rumaila deal key to CNPC goals
By Wan Zhihong | China Daily | Updated: 2009-11-05 08:44
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Jiang Jiemin (left), CNPC president, BP's Chief Executive Tony Hayward (center), and Dhiya Jaafar, acting chief of Iraq's South Oil Company (right) shake hands during the signing ceremony in Baghdad, Iraq, on Tuesday. CFP |
China National Petroleum Corp (CNPC) and British oil major BP on Tuesday signed a technical service contract with Iraq's state-owned South Oil Company to expand production from the Rumaila oilfield, the country's first major oil deal since the US invasion in 2003.
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