Business

A night view of the rig drilling ExxonMobil's Maseif-1 well at the Pirmam block in Iraq's autonomous Kurdistan region. (PATRICK OSGOOD/Iraq Oil Report)

New Exxon-Turkey contracts bolster Kurdish export plans

The state-owned Turkish Energy Company now has a 20 percent stake in Exxon's six KRG blocks, giving Turkey a concrete interest in ensuring that oil can be sold by pipeline.