Halliburton Denies It’s Vying for Exxon’s Stake in Iraq Field

December 13, 2021, 5:57 PM UTC

Halliburton Co.denied a claim by Iraq’s oil minister that it’s in talks to buy Exxon Mobil Corp.’s stake in the huge West Qurna-1 oil field amid cont in the south of the country, amid ongoing uncertainty about the future ownership of the asset.

The world’s biggest oil-fracking provider said Monday it isn’t buying any oil fields. While Halliburton at one point held talks about providing services to a potential buyer of the stake in West Qurna 1, those discussions are now over, said Emily Mir, a spokeswoman for the Houston-based contractor.

Iraq appears eager to secure a U.S. ...

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