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Iraq Approves Final Settlement with ExxonMobil

Iraq Approves Final Settlement with ExxonMobil
Iraq Approves Final Settlement with ExxonMobil

2023-09-05 00:00:00 - From: Iraq Business News


By John Lee. The Iraqi Ministry of Oil has received approval from the Ministerial Energy Council (Recommendation 23067/T) for a final settlement with ExxonMobil. This settlement, known as the "Settlement Agreement," resolves longstanding disputes arising from the service contract for the West Qurna oilfield project between Basra Oil Company (BOC) and US-based oil giant. The […]

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