Iraq: Oil Ministry and suspension of KRG-ExxonMobil contractnote

The Iraqi Oil Ministry and ExxonMobil are said to be holding contacts on the possibility of allowing the latter to take part again in the 4^th bidding round of oil service contracts that is scheduled for 30/5/12. The following 508-word report sheds light on the subject and tells what about ExxonMobil’s suspension of its contract with the Kurdistan Regional Government (KRG) and what about the reaction of the companies which have contacts with the KRG on oil contracts.