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Chevron, Total Seek Oil Deal in Iraq - AP

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Eugene Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-12-08 03:52 PM
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Chevron, Total Seek Oil Deal in Iraq - AP
Source: Associated Press

Chevron, Total Seek Oil Deal in Iraq

By SINAN SALAHEDDIN – 8 hours ago

BAGHDAD (AP) — Oil giants Chevron Corp. and Total have
confirmed that they are in discussions with the Iraqi Oil
Ministry to increase production in an important oil field
in southern Iraq.

The discussions are aimed at finalizing a two-year deal,
or technical support agreement, to boost production at
the West Qurna Stage 1 oil field near Iraq's second-
largest city of Basra.

Chevron and Total confirmed their involvement in the
discussions in e-mails received Saturday by The
Associated Press.

"Chevron is interested in helping the Iraq government's
objectives to develop its oil and gas industry," Chevron
spokesman Kurt Glaubitz said in an e-mail. Total
spokeswoman Lisa Wyler confirmed the French company's
involvement.

-snip-

Read more: http://ap.google.com/article/ALeqM5jXG9SdPD2bxJ8FZ2Ibw1pXOFrW_QD900AQHG1
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