Middle East Economic Survey

VOL. LI

No 20

19-May-2008

IRAQ

BP, ExxonMobil Emerge As Iraq TSA Favorites

BP has emerged as favorite to be the first oil major to sign a Technical Support Agreement (TSA) with Baghdad, as part of Iraqs first opening for large-scale foreign involvement in its coveted upstream sector, MEES understands. The UK firm, which has been in talks to develop the Rumaila field, has put together the most attractive offer of the six foreign groups negotiating for separate TSAs, an...