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Shell selling its stake in Iraq's West Qurna 1 oil field

Reuters - UK Focus

LONDON, Sept 13 (Reuters) - Royal Dutch Shell (LSE: 0LN9.L - news) is in the process of selling its 20 percent stake in Iraq's West Qurna 1 oil field, a spokesman said on Wednesday.

The move comes as the Anglo-Dutch company said it had handed back to the Iraqi government operations at the Majnoon oil venture, one of the largest fields in OPEC member Iraq.

A spokesman for the company confirmed that Shell (LSE: RDSB.L - news) 's stake in the West Qurna field, operated by Exxon Mobil (Swiss: XOM-USD.SW - news) , was subject to an ongoing sales process.

(Reporting by Ron Bousso; editing by Jason Neely)