Iraq in deal with Schlumberger to drill 40 wells in Majnoon oilfield

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BAGHDAD (Reuters) – Iraq has agreed a deal with Schlumberger <SLB.N> to drill 40 oil wells in the giant southern Majnoon oilfield, according to an oil ministry statement on Wednesday.

Iraq’s oil minister Thamir Ghadhban said in the statement that the deal with Schlumberger targets boosting production from Majnoon.

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