ExxonMobil and Basra Oil Company Sign Seawater MoU

By John Lee. ExxonMobil and Basra Oil Company (BOC) have signed a memorandum of understanding (MoU) covering Phase 2 of a seawater injection project for southern Iraqi oil fields. The agreement was signed on Wednesday under the auspices of Minister of Oil Basim Muhammad Khudhair al-Abadi. The project will use seawater to support reservoir pressure […] The post ExxonMobil and Basra Oil Company Sign Seawater MoU first appeared on Iraq Business News .