Middle East Economic Survey

VOL. LIV

No 46

14-Nov-2011

IRAq

ExxonMobil Signs For Six Kurdistan Blocks

ExxonMobil, the worlds largest privately owned oil company, has signed for six blocks in the Kurdistan Regional Government (KRG) area of northern Iraq, in what is the biggest coup yet for the autonomous regions growing upstream sector. As well as a huge vote of confidence for the KRG oil investment policy, the move carries clear implications, both for the US majors existing investments in...