IRAQ
 
Iraqi Oil Investors Poised For Change
 
Iraq’s oil sector, both in the south and in the Kurdistan Regional Government (KRG), is set for period of consolidation. In the South, ExxonMobil is seeking a buyer for its 2.825mn b/d West Qurna-1 project and there is also pressure on Total and Russian state firm Gazprom, both of whom recently invested in the KRG, to divest from their stakes in federal areas. In the KRG, companies, including a potential Turkish state firm,...