By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Ministry of Oil and the “Odious Contract’ Trap” with ExxonMobil’ Consortium Talks have intensified recently about the continuation of negotiations between the Ministry of Oil (MoO) and ExxonMobil/CNPC consortium that might […]
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Tags: Ahmed Mousa Jiyad, China, China National Petroleum Corporation (CNPC), Common Seawater Supply Project (CSSP), Exxon, Exxon Mobil, ExxonMobil, featured, KRG, mn, Rosneft, Russia, South Integrated Project, Southern Iraq Integrated Project, West Qurna Oilfield News
Exxon’s $53bn Iraq deal “in Difficulty”
By John Lee. ExxonMobil‘s giant oil project in southern Iraq is reportedly on hold. According to Reuters, a combination of contractual difficulties and security concerns is delaying agreement on the $53-billion Southern Iraq Integrated Project, which includes the construction of a water treatment plant needed to boost oil production. The deal would have seen Exxon […]
Tags: Exxon, Exxon Mobil, ExxonMobil, featured, mn, Nahr Bin Umar, PetroChina, Southern Iraq Integrated Project
Iraq “close to signing” $53bn deal with Exxon, PetroChina
By John Lee. At its regular meeting in Baghdad on Tuesday, the Iraqi Cabinet received a briefing on negotiations led by Iraq’s Ministry of Oil with ExxonMobil and PetroChina on the Southern Iraq Integrated Project. In a statement, the government describes the project as “a mega energy and infrastructure scheme consisting of building oil pipelines, […]