Iraq, Exxon to sign Majnoon oil field agreement Wednesday, sources say-March 2024-www.financetom.com

Iraq, Exxon to sign Majnoon oil field agreement Wednesday, sources say

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Iraq, Exxon to sign Majnoon oil field agreement Wednesday, sources say

Oct 8, 2025 2:12 AM

BAGHDAD (Reuters) -Iraq and Exxon Mobil ( XOM ) will sign an agreement on Wednesday to manage, develop, and operate Majnoon oil field in southern Iraq, three Iraqi official sources with knowledge of the matter told Reuters.

The agreement will also include upgrading Iraqi oil export infrastructure in the south, and a profit sharing crude oil and refined products trading agreement, the three sources added.

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