Schlumberger, Baker Hughes, Halliburton to exit Kurdish contracts: Iraq’s oil ministry

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Schlumberger, Baker Hughes and Halliburton are in the process of liquidating and exiting existing tenders and contracts in Iraq’s semi-autonomous Kurdistan region to be in compliance with a Federal Supreme Court ruling, the oil ministry said July 4. The three oil service companies told the federal oil ministry they would not apply for new energy projects in Kurdistan, the ministry…