Archive | Iraq Oil & Gas News

Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.

Final Contract for Qurna Oilfield with Exxon, Shell to Be Signed

The Iraqi Ministry of Oil on Monday will sign the final contract with a consortium led by Exxon Mobil Corp and Royal Dutch Shell, under which the firms will be allowed to develop the West Qurna-1 field in southern Iraq. “The contract aims to increase the field’s production to 2.325 million barrels per day (bpd),” […]