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Iraq sends formal request to buy ExxonMobil's stake in West Qurna 1 field - Vimarsana News

Iraq sends formal request to buy ExxonMobil's stake in West Qurna 1 field

Share 2 days ago Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. Iraq has officially sent a request to acquire shares of US energy giant ExxonMobil in the West Qurna 1 oil field. National Iraqi company Basra Oil Company (BOC) director Khalid Hamza was reported by Reuters as saying in an interview: “A decision has been made and we sent a formal letter to ExxonMobil asking to buy its share.” Hamza noted the oil and finance ministries will undertake procedures required to secure financing for the possible acquisition, which ...

Exclusive: Iraq formally asks to buy $350 million Exxon oilfield share - Vimarsana News

Exclusive: Iraq formally asks to buy $350 million Exxon oilfield share

Exclusive: Iraq formally asks to buy $350 million Exxon oilfield share Reuters 5 days ago By Aref Mohammed © Reuters/ESSAM AL-SUDANI FILE PHOTO: A policeman walks at West Qurna-1 oil field, which is operated by ExxonMobil, in Basra By Aref Mohammed BASRA, Iraq (Reuters) - Iraq has formally asked to buy U.S. energy giant ExxonMobil's share in one of Iraq's biggest oilfields, West Qurna 1, the head of the state-run oil operating company said on Monday. Iraq said last month that Exxon was seeking to sell its 32.7% stake in West Qurna 1, and that the oil ministry had starte...

Source: msn.com
EXCLUSIVE Iraq formally asks to buy $350 mln Exxon oilfield share - Vimarsana News

EXCLUSIVE Iraq formally asks to buy $350 mln Exxon oilfield share

EnergyEXCLUSIVE Iraq formally asks to buy $350 mln Exxon oilfield share Reuters 3 minute read A policeman walks at West Qurna-1 oil field, which is operated by ExxonMobil, in Basra, Iraq, January 9, 2020. REUTERS/Essam al-Sudani/File Photo Iraq has formally asked to buy U.S. energy giant ExxonMobil's (XOM.N) share in one of Iraq's biggest oilfields, West Qurna 1, the head of the state-run oil operating company said on Monday. Iraq said last month that Exxon was seeking to sell its 32.7% stake in West Qurna 1, and that the oil ministry had started discussions over a possible purchase. read mo...

Iraq formally asks to buy $350 mln Exxon oilfield share - Vimarsana News

Iraq formally asks to buy $350 mln Exxon oilfield share

Iraq formally asks to buy $350m Exxon oilfield share Exxon logo at a petrol station in the US [Brian Katt / Wikimedia] May 10, 2021 at 10:39 pm Iraq has formally asked to buy US energy giant ExxonMobil's share in one of Iraq's biggest oilfields, West Qurna 1, the head of the state-run oil operating company said on Monday, Reuters reported. Iraq said last month that Exxon was seeking to sell its 32.7% stake in West Qurna 1, and that the oil ministry had started discussions over a possible purchase. "A decision has been made and we sent a formal letter to ExxonMobil asking to buy its sh...

Basra ports April crude exports averaged 2.7mln bpd -Iraqi News Agency - Vimarsana News

Basra ports April crude exports averaged 2.7mln bpd -Iraqi News Agency

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Source: zawya.com