Thu Aug 28, 2008
By Simon Webb - Analysis
DUBAI (Reuters) - China crossed the line first in the race for big oil contracts in post-Saddam Iraq and has gained a head start over Western oil majors in the competition for future energy deals. China's biggest oil company, state-run CNPC, agreed a $3 billion service contract with Iraq on Wednesday. http://uk.reuters.com/article/businessNews/idUKLS42625920080828?sp=true