(Arabian Oil and Gas) -- ExxonMobil Iraq Limited, together with the South Oil Company of Iraq and co-venturers Shell West Qurna B.V. and Oil Exploration Company of Iraq, announced Monday the ⌠major production milestone of 285.000 barrels per day (bpd) from 244.000 bpd at the redevelopment of the West Qurna I oil field in Southern Iraq. This exceeds the 10% improved production target established under the technical services contract, according to ExxonMobil.
⌠This important development has been made possible by a strong partnership with the South Oil Company based on common values and goals, said James Adams, vice president of ExxonMobil Iraq Limited. ⌠ExxonMobil is an industry leader in the timely and cost effective execution of complex long-term projects and we are committed to working with the South Oil Company to help fulfill Iraq's strategic energy development plans."