Iraq's Oil Ministry is considering revised offers from Exxon Mobil and Lukoil for its West Qurna oilfield, and Total is expected to make a new bid, an oil official said on Sunday.

Abdul-Mahdy al-Ameedi, deputy director of the Oil Ministry's contracts and licensing directorate, said ENI  had put forward a new offer for Zubair, another oilfield that was not awarded in an energy auction the ministry held in June.

Separately, a ministry spokesman said that Oil Minister Hussain al-Shahristani said the foreign firms' investment in the two fields, along with that in super giant Rumaila, would bring Iraq $100 billion.

The minister forecast that the three fields' combined output would reach 7 million barrels a day in six years, spokesman Asim Jihad said.-Reuters