Exxon Mobil and Baghdad have reached agreement for the U.S.-based company to be paid in oil for work on the huge West Qurna-1 oilfield, after months of negotiations over contract terms, an Iraqi oil official said.
U.S. giant oil services firm Baker Hughes Inc. has joined BP PLC and Schlumberger Ltd. on separate talks with Iraq to more than double output from the country’s giant Kirkuk oil field in northern Iraq, an Iraqi oil industry figure said Monday.
Exxon Mobil and Baghdad have reached agreement for the U.S.-based company to be paid in oil for work on the huge West Qurna-1 oilfield, after months of negotiations over contract terms, an Iraqi oil official said.
Exxon Mobil and Baghdad have reached agreement for the US-based company to be paid in oil for work on the huge West Qurna-1 oilfield, after months of negotiations over contract terms, an Iraqi oil official said.
India on Wednesday sought up to four million tonnes of additional supplies of oil from Iraq in 2012-13, the second indication in a week of New Delhi’s efforts to line up alternate sources in preparation for tapering supplies from Iran in the face of…