BP, CNPC set to invest $15 bln in Iraq's Rumaila

BAGHDAD, Nov 3 (Reuters) - Britain's BP Plc (BP.L) and China's CNPC expect to invest around $15 billion in Iraq's largest oilfield, Rumaila, over the lifetime of the contract, BP's CEO Tony Hayward said.

"Over the lifetime of the contract, we expect to invest around $15 billion," he said. "It is a very significant undertaking." (Reporting by Jack Kimball; Editing by Keiron Henderson)