Exxon Considers Return to Iraq ...Middle East

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Exxon Considers Return to Iraq
Exxon is considering a return to Iraq after leaving the country two years ago, Bloomberg reported, citing an unnamed source who said Exxon was interested in developing the massive Majnoon field. The Majnoon field has estimated reserves of 38 billion barrels, which makes it one of the biggest in the world. According to the companies currently involved in work in the field, additional seismic surveys could uncover more reserves at the field. Exxon confirmed the information in general, telling Bloomberg in a statement that “Exxon Mobil is in…

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