ExxonMobil Finalizes West Qurna-1 Exit As PetroChina Assumes Operatorship

...edged to increase capacity to 800,000 b/d by 2028.     Exxon’s time in Iraq has been tumultuous, with the firm angering Baghdad when it signed up to six blocks in the Kurdistan Region in 2011. That gamble ultimately failed, with Exxon quitting its last Kurdistan asset in 2022 without producing a ba...