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Iraq signs consultancy deal with Chevron on West Qurna 2 - Upstream Online

Upstream Online · September 14, 2026 · Week 2026-38

Summary

Iraq has signed a consultancy agreement with US major Chevron for the West Qurna 2 oil field. This deal will leverage Chevron's technical expertise to advise on field development and production optimization at one of Iraq's most significant assets, currently operated by Lukoil.

Strategic Implication

Signals Iraq's intent to leverage US IOC expertise to optimize production at one of its giant southern oil fields, potentially paving the way for deeper involvement by Chevron.

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Read original on Upstream Online