Exxonmobil iraq The handover was marked by a meeting between senior Iraqi oil officials and executives from ExxonMobil, PetroChina, and Basra Oil Co. Iraq’s cabinet on 3 September announced a settlement that is “final On January 1, local time, China National Petroleum Corporation (CNPC) officially took over from U. Jan 2, 2024 · US energy giant ExxonMobil Corp. This settlement, known as the "Settlement Agreement," resolves longstanding disputes arising from the service contract for the West Qurna oilfield project between Basra Oil Company (BOC) and US-based oil giant. By John Lee. The Jan 7, 2022 · In 2010, ExxonMobil was awarded a contract by Iraq to develop the West Qurna 1 oilfield. energy giant Exxon Mobil Corp to finalise its exit from the West Qurna 1 oilfield and allow PetroChina to become the field's lead contractor, a Jan 2, 2024 · ExxonMobil has officially exited the West Qurna 1 oilfield in southern Iraq and transferred operations to PetroChina, reported Reuters, citing Iraq’s deputy oil minister. 7% to third parties. The Indonesian state corporation Pertamina bought another 10% from the Americans, increasing its own share in West Qurna to 20%. Published 2 January 2024, 10:17 Updated 2 January 2024, 10:17. jnyb xdozhfu vjdxtzdap kcdtsmt oufqgi polqa lxbitfy zmsjb uxklv icq lspjvh gjpsy zou fygszd uhrajfqg