BAGHDAD (Reuters) -- Iraq signed initial agreements with Angola’s state Sonangol oil company on Wednesday to develop the Qayara and Najmah oilfields, which lie in one of the country’s most dangerous regions.

The 800 million barrel Qayara field and 900 million barrel Najmah field are in violent Nineveh province in Iraq’s north, where Sunni Islamist insurgents like al Qaeda remain active.
The deals were awarded in Iraq’s second bidding round for oil contracts, held earlier this month.
The company clinched the deals with an offer of $6 a barrel remuneration fee and plateau production target of 110,000 barrels per day (bpd) for Najmah, and a fee of $5 a barrel and output target of 120,000 bpd for Qayara.