Iraq, Exxon to sign Majnoon oil field agreement Wednesday, sources say

Iraq, Exxon to sign Majnoon oil field agreement Wednesday, sources say ReutersOctober 8, 2025 at 3:58 AM 0 Cars are seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021.

- - Iraq, Exxon to sign Majnoon oil field agreement Wednesday, sources say

ReutersOctober 8, 2025 at 3:58 AM

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Cars are seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly

BAGHDAD (Reuters) -Iraq and Exxon Mobil will sign an agreement on Wednesday to manage, develop, and operate Majnoon oil field in southern Iraq, three Iraqi official sources with knowledge of the matter told Reuters.

The agreement will also include upgrading Iraqi oil export infrastructure in the south, and a profit sharing crude oil and refined products trading agreement, the three sources added.

(Reporting by Aref Mohammed and Ahmed Rasheed;Editing by Elaine Hardcastle)

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