Anton Oilfield Services Group, the leading independent oilfield services provider in China, has won a deal for a $50million worth drilling project in southern Iraq.

It will provide services with two rigs on a day-rate basis with the mobilisation cost covered by the client for a period of three years, said a statement,

It also includes an option for an additional period of one year, its said.

The operation will enhance profitability for the product line of Rig Service, which has good growth prospects in Iraq. The company is expected to witness more market opportunities abroad for this service, it added. - TradeArabia News Service