Statoil Mulls Sale Of Iraqi Oil Field Stake To Lukoil
The West Qurna 2 field, about 100 miles west of Basra in southern Iraq, is thought to hold about 13 billion barrels of oil. Statoil owns 18.75 percent, Lukoil holds 56.25 percent and Iraq's state-owned North Oil Co. holds 25 percent.
The group won the rights to develop the field in 2009...
Already a subscriber? Click here to login