Nov. 28, 2013 — ExxonMobil Iraq Limited signed agreements today with PetroChina International Iraq F.Z.E. for a 25 percent participating interest in the West Qurna I project in Iraq, and with PT Pertamina Irak Eksplorasi Produksi for a 10 percent participating interest in West Qurna I.
ExxonMobil retains 25 percent interest and remains lead contractor.
The transfer has been approved by the South Oil Company, Oil Exploration Company of the Iraqi Ministry of Oil and Shell West Qurna B.V., as members of the West Qurna I contractor consortium.
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