The West Qurna-1 oilfield is jointly developed by CNPC and Exxon Mobil, with the US major as the operator
The South Pars gas field was to be developed jointly by France's Total, China National Petroleum Corporation and Petropars under a USD 4.8-billion (4.1 billion-euro) deal signed in July 2017.
The Abu Dhabi National Oil Company says CNPC will pay an initial $1.77 billion