51 Days
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وكالة بغداد اليوم الاخبارية
Iraq's Oil Minister reintroduces Halliburton into the Iraqi market despite legal issues
Iraqi Oil Minister Basim Mohammed Khudair Al-Abadi signed a contract with the American company Halliburton to invest in oil fields in Basra Province. Despite the company’s previous conviction in the United States for corruption issues related to its work in Iraq after 2003, and being subjected to fines amounting to billions of dollars, it returned to the Iraqi market through the new five-year contract to manage the Ben Omar and Sindbad fields. This has raised concerns about the company resuming activities despite its legal history.
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