ExxonMobil cuts presence in Iraq

摘要

ExxonMobil has reduced its stake in Iraq’s 29.3bn bl West Qurna 1 develop ment to 25pc from 60pc by selling a 25pc interest to state-controlled Petro-China and a 10pc stake to Indonesia’s state-owned Pertamina for an undis-closed price. ExxonMobil remains the field operator.