Exxon Mobil Takes Lead In Iraqi Oil Expansion - Forbes

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01.25.10, 01:20 PM EST Largest U.S. energy company leads consortium to expand the West Qurna-1 field in southern Iraq.

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, the largest publicly traded international oil and gas company, said Monday it has inked a deal with the Iraq Ministry of Oil to redevelop and expand the war-ravaged country's second-biggest field. ExxonMobil Iraq Ltd. signed an agreement in Baghdad for the West Qurna-1 field in southern Iraq, which has reserves of about 8.5 billion barrels, according to the oil ministry.

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