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       #Post#: 19--------------------------------------------------
       AI that represent a before and after in the mining
       By: seo chandna Date: September 3, 2023, 5:48 am
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       Iraqi problems have proliferated. From the beginning, it was
       clear that large companies were skeptical about what could be
       achieved in southern Iraq and were frustrated by the conditions
       of technical services contracts. In 2011, ExxonMobil signed an
       agreement with the Kurdistan Regional Government that led the
       Iraqi government to issue an ultimatum so that Standard Oil's
       largest direct descendant would have to choose between its
       contracts in Kurdistan and the rest of Iraq. The impasseled
       ExxonMobil to sell part of its stake in West Qurna to PetroChina
       and Indonesia's Pertamina.
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       The drop in prices in the second half of 2014 and the rise Phone
       Number Listy
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       the Islamic State in the same year
       compounded the difficulties. With much of its territory absorbed
       by the new caliphate and its revenues plummeting, the Iraqi
       state found itself under siege. the creation of opec+ raised
       prices, but the new cartel also left Iraq with stricter
       production quotas for which the Iraqi government had to
       compensate the big oil companies without having the budgetary
       means.
       Although the Iraqi government declared the Islamic State
       territorially defeated in 2017, the terrorist organization's
       attacks on oil facilities continue, while other acts of violence
       against headquarters of Western companies have also increased.
       In 2019, most Western oil companies were either looking for an
       exit route or showing serious reluctance to stay. Most
       significantly, Shell withdrew from the Majnoon oil field in 2018
       and handed over its operations to the Iraqi company Basra Oil
       Company, The return of big business to Iraq starting in 2009 was
       a de facto experiment to test whether Western companies could
       still find a place in a post-imperial Middle East.
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