Posts Tagged ‘FAka’
27 February 2003
Unfazed by the current US military buildup and the potential risk to rigs from air raids or invading forces, Iraq’s Oil Drilling Co. (ODC) is forging ahead with drilling across the country’s oil fields in an attempt to beat its record of last year.
But separate activities by foreign drillers under the UN’s oil-for-food program have been hit by the threat of war, with international companies either withdrawing or preparing to do so.
In 2002, ODC — one of 15 companies under the umbrella of the oil …