Under the terms of the agreement, known a Framework of Case Study, an 8-man team composed jointly of representatives of Petrel and the company will carry out a study of the block. Petrel said it has also committed to assist the exploration company on its latest technology and training courses. 'Coming soon after the award of the Subba & Luhais oil field development services contract by the Iraqi Ministry of Oil's project division, this represents an important step in building an Iraq-centred oil independent,' Petrel said. The copying, republication or redistribution of AFX News content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. PIN/AFX