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Iraq signs 5th round contracts, previews potential 6th round

Iraq has finally inked deals first awarded in 2018, raising hopes for the Oil Ministry's efforts to prepare a sixth contract licensing round.
Iraqi Prime Minister Mohammed Shia al-Sudani (center) and Oil Minister Hayyan Abdulghani (standing, center right) oversee the signing of contracts with the UAE's Crescent Petroleum on Feb. 21, 2023 at the Oil Ministry in Baghdad. (Photo credit: Prime Minister's Office)
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