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Iraq to Buy Exxon’s Stake in Oilfield for $350mn

by bondevalue | May 11, 2021 | Investment Grade Bonds, Sovereign Bonds

Iraq is set to acquire the share of one of Iraq’s biggest oil fields, West Qurna 1 from ExxonMobil for $350mn. The US-based energy giant had been looking to sell its 32.7% stake in the oilfield, which is a shift in its 2019 stance when it was considering an...

Iraq to Buy Exxon’s Stake in Oilfield for $350mn

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