Pertamina Buys 10 Pct Stakes in Exxon Mobil Iraq

Source: Reuters 12/1/2013, Location: Middle East

PT Pertamina Irak Eksplorasi Produksi, a unit of state oil and gas firm PT Pertamina, has finalized a deal to buy 10 percent shares in Exxon Mobil Iraq Limited in West Qurna-1 block, Iraq, which currently produces 500,000 barrels of oil per day, Investor Daily reports. The block is estimated to have oil reserves of about 9 billion barrels.

For more information about related Opportunities and Key Players visit Iraq Oil and Gas Projects


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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