The Basra Oil Company said Halliburton has made an offer to buy ExxonMobil’s stake in the West Qurna 1 oil field.
The company said Iraq is reviewing Halliburton’s offer after completing all procedures with Exxon relating to the sale of its stake in West Qurna 1 field, according to Reuters news agency.
And last July, Iraqi Prime Minister Mustafa Al-Kazemi said he wanted another American company to replace Exxon Mobil when it left Iraq.
Exxon, which in 2019 appeared to be moving forward with a $ 53 billion project to increase Iraqi oil production, is looking to sell its 32.7% stake. in West Qurna 1, one of the largest oil fields in Iraq.
Al-Kazemi added at the time that ExxonMobil was considering leaving Iraq for reasons related to its internal administrative practices and decisions, and not because of the situation. in Iraq.
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