Baghdad
Iraq could nearly double its output from the West Qurna 2 oilfield to 800,000 barrels per day (bpd) as Chevron enters exclusive talks to take over operations from Russia’s Lukoil, Iraq’s oil minister said on Wednesday.
Iraq has been seeking to increase oil and gas production, with oil majors vying to expand operations after scaling back during years of political instability.
Oil Minister Hayan Abdel-Ghani told Kurdish TV channel Rudaw that output could rise to between 750,000 and 800,000 bpd after Chevron takes over…