Iraq Seeks Exxon, Petrochina Help to Develop Two Oil Fields

  • Country hopes to boost output from fields: deputy oil minister
  • Iraq sees oil output at 4.8 million barrels a day to end-2016

Iraq is negotiating with Exxon Mobil Corp. and Petrochina Co. to develop two oil fields in the south of the country as it seeks to maintain overall production at about 4.8 million barrels a day for the rest of 2016, Deputy Oil Minister Fayyad Al-Nima said.

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