US oil major Exxon Mobil will sign over its 25% stake in Iraq's West Qurna1 oilfield project to China's largest energy company PetroChina. Exxon previously offered to sell its entire stake in the oilfield following a disagreement with Iraq's central government.
West Qurna-1
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The Iraqi oil minister said ExxonMobil would sell portions of its stakes to PetroChina and Pertamina.
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