BP (BP) joins a growing list of oil companies looking to exit the Iraqi oil fields. Citing Iraq’s oil Minister, Ihsan Abdul Jabbar, Bloomberg reports that the oil giant is planning to sell its assets in Iraq and pull out of the Rumaila field. Russian oil company Lukoil PJSC is also in talks with Chinese companies as it looks to offload its stake in the West Qurna-2 field. The two companies join Exxon Mobil (XOM), which also plans to sell its stake in the West Qurna-1 for about $400 million.
https://www.tipranks.com/news/bp-plans-to-pull-out-of-rumaila-field-in-iraq-report
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