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One Of The World's Largest Oilfields Faces Delays In Development

The West Qurna 2 oilfield in Iraq, one of the biggest oilfields in the world, could see delays in the next phase of its development, Middle East Business Intelligence (MEED) reported on Thursday.     Work on the engineering, procurement, and construction (EPC) contracts and an oil gathering system at West Qurna 2 was expected to be completed before the end of this year, but it now faces delays, according to MEED.

West Qurna 2, one of the massive oilfields in the world, has estimated reserves of 14 billion barrels of crude oil and…

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