U.S. Oil Majors To Break “The Contract Of The Century”

The "Contract of the Century" appears to last about 30 years.

United States oil companies are preparing to exit the Azerbaijan oil field, 25 years after coming to an agreement in the region.

Of late, the oil companies are focusing upon domestic production along with other finds they deem more viable.

ExxonMobil is looking to sell their stake in Azerbaijan for $2 billion.

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