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Tue Nov 3, 10:38 AM

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Iraq's Oil Minister Hussein al-Shahristani (R) laughs with Tony Hayward (C), BP's chief executive, and Jiang Jiemin (L), Chairman and the General Manager of CNPC, after a contract-signing ceremony in Baghdad November 3, 2009. British oil major BP Plc and China's CNPC on Tuesday signed Iraq's first major new oil deal since the 2003 U.S. invasion, snapping up a development contract for the Rumaila oilfield, one of the world's biggest.

REUTERS/Thaier Al-Sudani (IRAQ POLITICS ENERGY BUSINESS)