US firms sign energy and other deals with Iraq after Trump touts its oil

U.S. firms signed several oil-related and other deals with Iraq on Friday, days after President Trump said the two sides would be “doing a lot of deals” because of the Middle Eastern nation’s oil.

Among the U.S. companies that signed energy-related deals during an event at the U.S. Chamber of Commerce were Chevron, ConocoPhillips, HKN Energy and Halliburton.

Chevron signed deals related to the development of Iraqi oil fields and a potential cross-border pipeline between Iraq and Syria.  

ConocoPhillips signed one deal related to the potential exploration of a gas field, as well as an agreement to join BP in developing an oil field.

And HKN signed a contract for oil field development and production. 

Some agreements pertained to other industries rather than energy and included companies such as Cisco, JPMorgan, Starlink and PepsiCo.

Some of the deals were characterized as preliminary or nonbinding or were agreements........

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