Iraq awards lucrative oil contracts to BP , China National Petroleum Corporation . CNN 's Jomana Karadsheh in Baghdad contributed to this report . The joint BP - CNPC bid was for the giant al - Rumeila oil field . Energy companies expected to increase production at the field by 50 percent .
Iraq awards lucrative oil contracts to BP , China National Petroleum Corporation . The joint BP - CNPC bid was for the giant al - Rumeila oil field . Energy companies expected to increase production at the field by 50 percent .