Agreement to Redevelop and Expand the West Qurna-1 Field in Iraq

Exxon Mobil Iraq Limited signed an agreement with the Iraq Ministry of Oil to redevelop and expand the West Qurna-1 field in southern Iraq.

ExxonMobil said it would apply its industry-leading operating capabilities and innovative technology to provide Iraq with maximum benefits from the field. ExxonMobil also plans to focus on the recruitment and development of local employees, the development of qualified local vendors for the supply of goods and services, and on supporting corporate citizenship initiatives in health, education and infrastructure.