Iraq says Eni, BP deal doesn't mean Exxon excluded from southern mega-project

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Iraq says Eni, BP deal doesn't mean Exxon excluded from southern mega-project
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Iraq's oil ministry said on Saturday it was still in talks with U.S. energy...

FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is operated by ExxonMobil, near Basra, Iraq June 1, 2019. REUTERS/Essam Al-Sudani/File Photo/File Photo

An agreement with Britain’s BP and Italy’s Eni was not part of the $53 billion, 30-year mega-project. It covered the building of two seabed oil pipelines for exports through the Gulf, the ministry said. “The ministry affirms that its negotiations with U.S. company ExxonMobil are ongoing,” the ministry said in a statement.

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