Iraq has signed an agreement with the American company Halliburton to manage the Bin Umar and Sindbad oil fields, according to a Reuters report cited by Israeli journalist Or Ben Yekhzekel.
Iraq has signed a management contract with the US oil services giant Halliburton for two oil fields — Bin Umar and Sindbad — according to a Reuters report cited by Israeli journalist Or Ben Yekhzekel on his Arab-world the source. No financial terms or duration of the deal were disclosed.
Halliburton is one of the world's largest oil-field services companies and has operated in Iraq since the 2003 US-led invasion. The Bin Umar and Sindbad fields are located in southern Iraq. The deal represents continued American commercial involvement in Iraq's energy sector, at a time when Iranian-affiliated firms have also been seeking energy contracts in the country — including reported electricity agreements with Iraqi companies.
This is the first major Iraq-US oil-field management agreement reported since similar patterns of Western energy firms re-engaging with regional producers, following Syria's recent gas development deal with two US companies and the broader easing of Iran-related sanctions dynamics. The report is based on a single source (Reuters) and has not been independently confirmed.
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