LONDON- Royal Dutch Shell is in the process of selling its 20 percent stake in Iraq's West Qurna 1 oil field, a spokesman said on Wednesday.
The move comes as the Anglo-Dutch company said it had handed back to the Iraqi government operations at the Majnoon oil venture, one of the largest fields in OPEC member Iraq.
A spokesman for the company confirmed that Shell's stake in the West Qurna field, operated by Exxon Mobil , was subject to an ongoing sales process.
(Reporting by Ron Bousso; editing by Jason Neely) ((ron.bousso@thomsonreuters.com; +44)(0)(2075422161; Reuters Messaging: ron.bousso.reuters.com@reuters.net))
The move comes as the Anglo-Dutch company said it had handed back to the Iraqi government operations at the Majnoon oil venture, one of the largest fields in OPEC member Iraq.
A spokesman for the company confirmed that Shell's stake in the West Qurna field, operated by Exxon Mobil , was subject to an ongoing sales process.
(Reporting by Ron Bousso; editing by Jason Neely) ((ron.bousso@thomsonreuters.com; +44)(0)(2075422161; Reuters Messaging: ron.bousso.reuters.com@reuters.net))
