San Remo Agreement: France would get 25 percent of the oil from Mesopotamia, which itself would become a British mandate under the League of Nations. The vehicle for oil development remained the Turkish Petroleum Company; and the French acquired what had been the German share in it, which had been seized by the British during the war. In turn, the French gave up their territorial claim to Mosul. Britain, for its part, made absolutely clear that any private company developing the Mesopotamian oil fields would very definitely be under its
