PetroChina to replace Exxon as lead contractor for Iraq's West Qurna 1 oilfield, oil executive says

PetroChina to replace Exxon as lead contractor for Iraq's West Qurna 1 oilfield, oil executive says

Upworthy

Published

Iraq has signed a settlement agreement with U.S. energy giant Exxon Mobil Corp (XOM.N) to finalise its exit from the West Qurna 1 oilfield and allow PetroChina to become the field's lead contractor, a senior Iraqi oil executive said on Saturday. "We studied the settlement agreement and the oil…

#iraq #exxonmobilcorp #westqurna #petrochina #iraqi #oilministry #basraoilcompany #westqurna1 #hassanmohammed #basraoilco

Full Article