| Welcome to Kurdistanboard forum. Hope you enjoy your visit. You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free. Join our community! If you're already a member please log in to your account to access all of our features: |
| Mubadala, Exxon in talks on Iraqi oilfield sale | |
|---|---|
| Tweet Topic Started: Mar 31 13, 12:19 (788 Views) | |
| ALAN | Mar 31 13, 12:19 Post #1 |
![]()
|
good news 30/3/2013 12:35:00 Exxon Mobil is in negotiations to sell 5 percent of its stake in Iraq's West Qurna-1 oilfield to Abu Dhabi's state-run investment fund Mubadala, part of the US major's moves to reduce its exposure there, Iraqi oil officials have said. Any sale of a part of West Qurna would follow Exxon's decision last year to sell its stake in the $60bn field after upsetting Iraq's central government by signing deals with the country's autonomous Kurdistan region. Iraq's central government had told the US oil company it would have to choose between West Qurna and the Kurdistan oil deals, but Baghdad still offered Exxon sweeter terms in an attempt to keep it working in the southern oilfield. "Exxon is staying in West Qurna-1 at least until next year, but at same time the company is moving ahead to cut its share in the West Qurna project to shift focus to other projects," said one Iraqi oil official without giving details. Officials at the UAE fund and Exxon were not immediately available to comment. The two Iraqi oil officials, who spoke on condition of anonymity because they were not authorised to talk to the media, said Exxon's allocation of $1.65bn to develop the field in 2013 indicated it planned to stay until next year. The talks with Mubadala follow negotiations with other companies for part of West Qurna. Indonesia's state-owned oil and gas firm Pertamina is in talks to buy 10-20 percent of the Exxon stake and industry sources have also said China's National Petroleum Corp is willing to join Exxon with part of West Qurna. Source: Reuters |
| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
![]() |
|
| 1 user reading this topic (1 Guest and 0 Anonymous) | |
| « Previous Topic · Middle East · Next Topic » |







7:32 PM Jul 11