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Iraq signs deal for big oil field

Zubair, the nation’s largest, won by Italian-led group

Posted: November 3, 2009 at 3:50 a.m.

Iraqi workers operate a valve at an oil refinery in the town of Zubair about 12 miles southwest of Basra last week.

Iraq’s Oil Ministry on Monday signed an initial deal with a consortium led by Italy’s Eni SpA to develop a prized southern oil field, an agreement representing a key step forward in the country’s obstaclestrewn road to revamp its dilapidated oil sector.

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Business, Pages 21 on 11/03/2009

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