Iraq says agreements reached with Chevron on West Qurna-2 oilfield contract
CVX•Iraq's oil minister said agreements had reportedly been reached with Chevron on the contract for West Qurna-2, which produces about 460,000 barrels per day.
1. Agreements reached
Iraq's oil minister said agreements had been reached with Chevron regarding the contract for the West Qurna-2 oilfield. The Iraqi state news agency reportedly reported the statement.
2. Oilfield background
Chevron entered exclusive talks with Iraq in February to take over the oilfield, which produces about 460,000 barrels per day and was previously operated by Russia's Lukoil.
