Q&A: Exxon’s Iraq chief James Adams

ExxonMobil Iraq Vice President James Adams along with other ExxonMobil and Iraqi Oil Ministry officials at an April 26, 2011 ceremony in Basra. (ALI ABU IRAQ/Iraq Oil Report)

With the West Qurna 1 oil field ahead of schedule, the head of ExxonMobil’s Iraq operation discusses the status of the project and the challenges ahead.

Energy

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Iraq power generation at 2003 levels

Iraq is now producing as much power as it did on the eve of the US-led invasion of 2003 but is still meeting barely 50 percent of peak demand, a senior electricity ministry official said. "2008 is the first year when production has reached the level prior to that of Saddam Hussein's fall," the ministry's [...]

Business

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Production-sharing contracts: a dying breed?

EDITOR'S NOTE: The issue of production-sharing contracts (PSCs, also called production-sharing agreements, or PSAs) in Iraq is a contentious one. Encouraged initially by American advisers as the best means for investment in post-war Iraq by, the system, which allows oil companies to take a share of the profits of all oil extracted, can mean that [...]

Interviews

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