teribus - Interesting and informative link.

"Oil Exploration and Development Contracts with the former Iraqi Regime and Foreign Companies (source: World Markets Research Centre): West Qurna Phase 2 (Lukoil); Majnoon (Total); Bin Umar (Zarubezhneft); Nasiriya (Eni, Repsol); Halfaya (BHP, South Korean consortium, CNPC, Agip); Ratawi (Shell); Tuba (ONGC, Sonatrach); Suba-Luhais (Slavneft); Gharaf (TPAO, Japex); Al-Ahdab (CNPC); Amara (PetroVietnam); Western Desert (ONGC, Pertamina, Stroitransgaz, Tatneft)"

These contracts, of course, were signed while Saddam was in power. I wonder if they are still valid?

It will be interesting to see who will be given the contracts for the vast, untapped oil reserves under the new regime.

It will also be interesting to see how long it will take to repair the damage done to the existing refineries and pipelines.