Iraq oil prize for Exxon, Shell - 0 views
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Oil Minister Hussain Shahristani said the contract stipulated a $US25 billion investment and $US25 billion more in operating fees. It is expected to yield up to 100,000 jobs in the impoverished deep south of the country that has been heavily blighted by insurgency in the past five years.
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Iraqi officials have been at pains to insist that they still control the country's oil sector.