Multibillion Dollar ExxonMobil Project In Final Stages

"[Negotiations] are in advanced, final-stages with Exxon to develop and finance the important [southern] project," oil minister Jabar al-Luaibi told reporters.

ExxonMobil's multibillion-dollar project to boost output from several southern oil fields is nearing completion.

 The "Integrated South Project" consists of the construction of oil pipelines, storage facilities, and a seawater supply project to inject water from the Gulf into reservoirs, improving production.

The enhanced recovery project covers the Luhais, Nassiriya, Tuba, Nahr Bin Umar and Artawi oil fields.


Read more news like this

We have been working with some of our key customers to improve the service by using the latest software and technology, taking business intelligence in Iraq onto the next level.Mason Johnson, Rebuilding Iraq Project Information Manager