Iraq Ministry, Exxon Still In Talks On Boosting Oil Output
BAGHDAD, April 4 (Reuters) - Iraq is still in discussion with Exxon Mobil over a multi-billion-dollar project to boost output from several southern oilfields, the Iraqi oil ministry said on Wednesday.
The project was discussed again in Baghdad by Oil Minister Jabar al-Luaibi and a senior executive from Exxon Mobil in charge of extractive projects, Brad Carson, the ministry said in a statement.
The statement cited Carson as saying Exxon hopes to reach a final agreement over the project.
The "Integrated South Project" consists of building oil pipelines, storage facilities and a seawater supply project to inject water from the Gulf into the Luhais, Nassiriya, Tuba, Nahr Bin Umar and Artawi oilfields to boost oil recovery.
(Reporting by Maher Chmaytelli; editing by Jason Neely)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.