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New Oil Rigs at Halfaya Oil fields of Iraq

New Oil Rigs at Halfaya Oil fields of Iraq

Being the second largest country in oil reserves, Iraq is spending lots more for the sustainability of oil productions to generate more and more revenue. According to the financial statistics of the Iraq Budget 2013, more than 93% of the total budgeted revenue will be obtained from oil exports. On the 18th of the June 2013 John Lee, a reporter of Iraq Business News reports that Missan Oil Company has announced that two new rigs will be added to the…

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