Dec 12 (Reuters) - Iraq has awarded international companies with contracts to develop 10 of its oilfields after conducting two rounds of bidding in its first oil auctions since the 2003 U.S invasion. The 20-year service contracts pay oil companies set fees for each barrel of oil produced.

The combined plateau production targets for all contracts in the pipeline is 11.14 million barrels per day (bpd). Current Iraqi oil production is around 2.5 million bpd.

Below are details on terms agreed to for the fields offered in both rounds. ROUND 1 FIELD WINNERS FEE/BBL PLATEAU (bpd) Rumaila BP, CNPC $2.00 2.850 mln Zubair Eni, Occidental, Kogas $2.00 1.200 mln W.Qurna P1 Exxon Mobil, Shell $1.90 2.325 mln