Exxon Mobil Corp. and Royal Dutch Shell Sign Agreement To Develop Irag Oil Fields
November 10th, 2009 | File Under : Oil and Gas - Petroleum
A consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC on Thursday signed a $50 billion deal to develop one of Iraq’s most prized oil fields, as the OPEC nation looks to revamp its battered energy sector.