China's 4 lard to bid for 8 large oilfields in Iraq

The Iraqi oil Ministry announced that PetroChina, China National Offshore Oil Corporation, China Petrochemical Group and China Sinochem Group 4 Chinese companies have been selected to bid for the 6 developed oil fields sold by the Iraqi government at the end of this month.　　The Iraqi Ministry of Oil said that there were 35 companies eligible for the bid, including China Petroleum Group, CNOOC Group, Sinopec Group and China National Chemical Group, 4. The Government of Iraq intends to auction 6 service contracts for developed oilfields from 29th to 30th this month, for the first time since the nationalisation of the Iraqi oil industry 30 years ago, it has auctioned oil field service contracts to foreign oil companies.