Entrance of ExxonMobil galvanises oil sector but political threats remain
Risk Management
Issue 914
- 09 Dec 2011
| 1 minute read
Investor interest in Iraqi Kurdistan’s oil exploration sector was strong before ExxonMobil signed up to six Kurdistan Regional Government (KRG) exploration blocks in mid-November. The deal shocked the Ministry of Oil in Baghdad but delighted the regional Ministry of Natural Resources and the more than 40 international companies that preceded the super major into the territory.
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