That means the reassigned project could take months longer at a time when delays already come at a high price. With the price of oil topping $60 a barrel, the Iraqi government is losing hundreds of millions of dollars in potential revenue from the dilapidated wells.

I disagree. Assuming the project EVER starts shipping oil again, it may be just in time to start sending it out at... $120 a barrel? More?

Iraqi State Company to Repair Oil Wells