Senior Iraqi oil officials met with executives from ExxonMobil, PetroChina and Basra Oil Co on January 1 at the West Qurna 1 field near Basra to mark Exxon's complete exit and the handover of its operations to PetroChina.
Iraq will sign a final contract with Royal Dutch Shell on Tuesday for a USD 12-billion project to capture flared gas at southern oil-fields, two sources close to the deal said on Sunday.