Chevron in talks with Iraq on West Qurna 2 and Nasiriyah fields

High-level discussions signal a potential expansion of US major involvement in Iraqi upstream assets, adding to supply-side optimism.

By Handelsavisen Newsroom · Automated 2026-07-16 21:11 UTC · 1 min read Last updated: 2026-07-17 00:52 UTC

Chevron is holding discussions with Iraqi officials regarding potential investments in the West Qurna 2 and Nasiriyah oilfields.

The talks were highlighted during a visit by Iraqi Prime Minister Mohammed Shia' Al-Sudani to the US energy major's headquarters, underscoring the strategic importance Baghdad places on deepening ties with American operators.

The development comes as Iraq seeks to modernize its production infrastructure and attract foreign capital to boost output.

West Qurna 2 is one of the country's largest untapped reserves, while Nasiriyah represents a significant legacy asset with potential for enhanced recovery.

Any formal agreement would mark a notable expansion of Chevron's footprint in the Middle East, complementing its existing operations in the region.

This move aligns with broader efforts by the Iraqi government to diversify its operator base and increase production capacity.