BREAKING NEWS

Iraqi oil company to drill 40 oil wells in south Majnoon oilfield

Iraq's Basra Oil Company (BOC) has agreed a deal with state-run Iraq Drilling Company (IDC) to drill 40 new oil wells in the giant southern Majnoon oilfield, the oil ministry said on Thursday.
The ministry said the deal would help boost output from the Majnoon oilfield.
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