Posted on January 6, 2022 by adminIraq to buy Exxon stake in West Qurna 1 By John Lee. The Iraqi cabinet has agreed to allow the Basra Oil Company (BOC) to take over ExxonMobil’s holding in the West Qurna 1 oilfield, at a price of up to $350 million. Addressing media after … ( read original story …)