FACTBOX-Iraqi oilfield deals in the pipeline
Nov 5 (Reuters) - An Exxon Mobil-led consortium has beaten rival Russian, French and Chinese groups to bag initial rights to develop Iraq's West Qurna field, adding momentum to Iraq's efforts to unlock its oil riches. [ID:nL5388274]
The raft of deals being negotiated by Iraq with foreign oil companies have the ability to turn it into the world's number three producer after Russia and Saudi Arabia.
Here are facts on deals in the pipeline:
* RUMAILA
BP and CNPC won the contract to boost output from the Rumaila field, Iraq's largest, in June. Rumaila has reserves of nearly 17 billion barrels, which alone is more than all the oil held by OPEC member Algeria. [ID:nL3558520]
Rumaila is the workhorse of Iraq's oil industry, providing just over 1 million bpd of the country's 2.5 million bpd output.
BP has pledged to boost output to 2.85 million bpd.


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