BAGHDAD- An Iraqi official says Exxon Mobil expects to reach a deal by year's end to sell its stake in a major oil field in the country's south.
Faisal Abdullah, who is spokesman for Iraq's deputy prime minister for energy affairs, said Friday that the Irving, Texas-based oil giant has reached out to companies including Royal Dutch Shell, Lukoil, BP, CNPC and Eni about its stake in the 8.6 billion barrel West Qurna Phase 1 project.
Exxon declined to comment.
The other companies had no public comment or could not be reached. Russia's Interfax news agency quoted a Lukoil official saying it has received an offer from Exxon and hasn't yet made a decision.
Exxon upset Baghdad last year when it agreed to hunt for oil in Iraq's self-ruled Kurdish region.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to email@example.com. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.