New Oil Deals In Iraq Carry Serious Geopolitical Implications ...Middle East

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Near the beginning of December, Bloomberg sources suggested that the French oil major Total SA was looking to rid itself of its 18% stake in the Sarsang exploration block in northern Iraqi Kurdistan. Now, Iraq’s oil ministry has signed an MOU with the oil giant to execute “large and promising projects” in Iraq, specifically in natural gas and clean energy, the country’s oil ministry said on Wednesday. Total’s CEO Patrick Pouyanne was in the country at the time of the signing. Total already has a 22.5% interest in Iraq’s…

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New Oil Deals In Iraq Carry Serious Geopolitical Implications ...Middle East

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