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Kuwait Oil Company has signed contracts worth $1.73 billion linked to rehabilitating the soil of oilfields damaged during Iraq's invasion of Kuwait, according to a document seen by Reuters. The entities KOC signed the contacts with are unnamed in the document. This comes after Iraq finalized the payment of $52.4 billion to identify individuals, corporations, and governments that could substantiate losses resulting from its 1990 invasion and occupation of Kuwait.

Kuwait Oil Company Signs $1.7 bln Soil-Rehab Contracts

Kuwait Oil Company has signed contracts worth $1.73 billion linked to rehabilitating the soil of oilfields damaged during Iraq’s invasion of Kuwait, according to a document seen by Reuters. The entities KOC signed the contacts with are unnamed in the document. This comes after Iraq finalized the payment of $52.4 billion to identify individuals, corporations, and governments that could substantiate losses resulting from its 1990 invasion and occupation of Kuwait.

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