(MENAFN) Iraq on Monday invited foreign companies to apply for tenders to explore and develop eight oil and gas fields along its Iranian and Kuwaiti borders, along with an offshore bloc.
Oil Minister Jabbar al-Luaybi issued the call.
"The aim of these development plans... is to achieve the ministry's goal aimed at maximizing oil and gas reserves and optimizing investments in border blocs neglected in past decades due to wars", said Luaybi at a press conference in Baghdad.
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