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Iraq Signs Agreement with US Energy Giant Chevron on Oil Exploration

  • Iraq signed an agreement with US energy giant Chevron on oil exploration, welcoming the company back to the country.
  • The agreement allows Chevron to assess potential opportunities in Iraq and establish exclusive negotiations between the two.
  • Chevron's Vice President Frank Mount expressed confidence in the company's ability to support Iraq in developing new energy resources.
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Iraqi Prime Minister Mohammed Shia al-Sudani announced the signing of an agreement in principle with the American company Chevron to develop the "Nasiriya Project," which includes four exploration blocks, the Balad oil field, and other potential fields...

·Amman, Jordan
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The National broke the news in Abu Dhabi, United Arab Emirates on Tuesday, August 19, 2025.
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