Talks advance for Exxon to exit West Qurna 1

ExxonMobil is aiming to sell its stake to two buyers, Pertamina and Iraq’s state-run BOC, leaving PetroChina to take over as operator.

A worker adjusts the valve of an oil pipe at the West Qurna 1 oilfield in Basra on Nov. 28, 2010. (ATEF HASSAN/Reuters)

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