Iraq to Sign Exploration MoU With Chevron

By John Lee.

Iraq is reported to be planning to sign a memorandum of understanding with US-based Chevron to explore for oil in Dhi Qar (Thi Qar) province.

A person familiar with the matter told Bloomberg that the deal would formalise Chevron’s interest in exploring the eastern and western parts of Nasiriyah, the capital of Dhi Qar.

More here.

(Source: Bloomberg)