Searching for Truth while debunking Establishment point men.

Wednesday, January 27, 2010

ExxonMobil to redevelop, expand Iraq's West Qurna 1 field

ExxonMobil Iraq Ltd. signed an agreement with the Iraq Ministry of Oil to redevelop and expand West Qurna 1 field in southern Iraq.

The agreement was signed in Baghdad in the presence of the Iraq Oil Minister Hussain al-Shahristani and Rob Franklin, president of ExxonMobil upstream ventures. The consortium members are ExxonMobil as the lead contractor with 60% interest, Oil Exploration Co. (owned by the Iraq government) with 25% interest, and Royal Dutch Shell PLC with 15% interest.

Full Story

Comment: What do ya know!

No comments:

Post a Comment