Iraq may offer Chevron and Total terms to develop the Majnoon oilfield different from those it had given to Royal Dutch Shell, Iraqi Oil Minister Jabar al-Luaibi said on Saturday.
Iraq will develop the Majnoon oil field in southern Iraq by its own means until it can find a foreign partner, Luaibi told reporters, adding that no company has been selected yet.
Luaibi said on Oct. 9 that Chevron and Total are among the companies that have expressed interest in developing Majnoon that Shell has said it wants to leave because of unfavorable changes to fiscal terms.
Iraq’s talks with Exxon on southern oilfields in final stagesIraq’s talks with Exxon Mobil to develop a multi-billion-dollar project to ... Economy
Shell says to focus on Basra gas in Iraq after Majnoon exitOil major Royal Dutch/Shell said on Wednesday it would focus its efforts on the ... Energy
Saudi-Iraqi cooperation behind boost in oil prices, says FalihSaudi Arabia's Oil Minister Khalid al-Falih and his Iraqi counterpart Jabar ... Energy
Iraqi oil minister asks BP to develop Kirkuk oilfieldsIraqi Oil Minister Jabar al-Luaibi has asked BP “to quickly make plans to ... Energy