Iraq approves S.Korea's Daewoo $588.8 million oilfield contract
April 15, 2014 at 09:44 AM EDT
BAGHDAD, April 15 (Reuters) - Iraq's cabinet approved Tuesday an $588.8 million oilfield service contract with South Korea's Daewoo Engineering & Construction (047040.KS) for the development of the Zubair oil field, the cabinet said in a statement.