Without a clear path to monetize large-scale production in the KRG, IOCs are showing less appetite for mergers and acquisitions, but they're still in the market for new exploration blocks.
Companies
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The Russian state-owned oil giant has concluded another deal with Kurdistan - this one involving the Halabja block, which borders Iran.
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Demanding payment for lost land and jobs in the oil field, Basrawis take to the streets to decry the West Qurna 1 project and its embattled developer, ExxonMobil.
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Former American ambassador James Jeffrey is now advising ExxonMobil, which has also retained Condoleezza Rice, Stephen Hadley and other retired American officials to advise on Iraq.
