According to several media reports, the shares of Russia's Lukoil Company, which has been sanctioned by the US, in an oil field project in Iraq may be taken over by an American oil giant. According to an AFP report at the beginning of this month, the Iraqi Ministry of Petroleum said that several large US oil companies have been invited to participate in the equity bid for the West Gurna-2 oil field, and the winning bidder will replace Luke Oil as the new operator. According to a source revealed to Bloomberg on the 8th, Iran is interested in ExxonMobil on the grounds that the company has operated the nearby Sigurna-1 oil field. Another American energy giant, Chevron, is also a potential successor. Its CEO Mike Worth said in November that the company is in talks to enter the Iraqi market.

According to several media reports, the shares of Russia's Lukoil Company, which has been sanctioned by the US, in an oil field project in Iraq may be taken over by an American oil giant. According to an AFP report at the beginning of this month, the Iraqi Ministry of Petroleum said that several large US oil companies have been invited to participate in the equity bid for the West Gurna-2 oil field, and the winning bidder will replace Luke Oil as the new operator. According to a source revealed to Bloomberg on the 8th, Iran is interested in ExxonMobil on the grounds that the company has operated the nearby Sigurna-1 oil field. Another American energy giant, Chevron, is also a potential successor. Its CEO Mike Worth said in November that the company is in talks to enter the Iraqi market.