Sunday, October 14, 2012

West Qurna-1 project: Iraq wants Exxon out, Russia in


Iraq is reportedly considering replacing US oil major ExxonMobil with Russian companies in the West Qurna-1 project, as the authorities are angered by ExxonMobil's deal signed with the Kurdistan regional government without Baghdad's approval.

To what extent can Host Countries influence contracting/ engagement behaviour of Oil Companies?

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