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Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oil field: Report

ExxonMobil aims to acquire Lukoil's majority stake in West Qurna 2, which produces about 480,000 barrels daily and accounts for 10% of Iraq's oil output.

Summary by Reuters
Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct knowledge of the matter told Reuters.

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Exclusive: Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oil field -  sources

Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct knowledge of the matter told Reuters.

·United Kingdom
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Lukoil is trying to sell his international assets after sanctions imposed by the US on oil

·Brazil
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  • 50% of the sources lean Left
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regionalmedianews.com broke the news in on Tuesday, December 2, 2025.
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