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January 29th, 2010

Breaking The Oil Curse

Breaking The Oil Curse
January 27th, 2010

The State Partners

The State Partners
January 22nd, 2010

The Real Winners

The Real Winners
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The View from Baghdad Archives
January 29th, 2010 Breaking The Oil Curse

Breaking The Oil Curse

By Ruba Husari

For the first time the Iraqi federal budget for 2010 legislated Jan.26 includes allocations that will see the wealth redistributed among regions and governorates in a bid to make those who produce the oil benefit from it directly, while at the same time compensate them for the environmental damage suffered as a result of the oil and gas operations. That must be a first in the history of Iraq as an oil producing nation.

According to Article 43 of the 2010 budget law, the finance minister will transfer to the concerned governorates $1 for each barrel produced or refined and the same amount for each 150 cubic meters of gas produced in that governorate.

That means that Iraq’s biggest southern city of…

…

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The State Partners January 27th, 2010

The State Partners

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The Real Winners January 22nd, 2010

The Real Winners

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Final Tasks January 20th, 2010

Final Tasks

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The Day After December 16th, 2009

The Day After

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A Shell Stunt December 12th, 2009

A Shell Stunt

1 comment
2nd Bid Round: D-day December 11th, 2009

2nd Bid Round: D-day

1 comment
Early Bonanza November 19th, 2009

Early Bonanza

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Mr. Five Percent November 16th, 2009

Mr. Five Percent

2 comments
The Interview Archives
February 5th, 2010 Shiltagh Aboud

Shiltagh Aboud

By Ruba Husari

Basrah Governor Dr Shiltagh Aboud lays down his expectations from international oil companies in an interview with Ruba Husari in his office in Basrah Feb. 4th, 2010.

Q: Five of the oil fields development contracts awarded recently concern fields in the Basrah province, how do you see the benefits beyond the oil sector?

A: I personally consider that the organization of the bid rounds and the participation of companies from different nationalities is a big victory for Iraq and for the political will that was behind it. There were too many obstacles and difficulties created internally by political figures and parties who risked derailing the whole initiative because they did not wish to see Iraq develop quickly, particularly during this period. They…

…

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Mana’a Al-Obeidi September 4th, 2009

Mana’a Al-Obeidi

1 comment
Abdul Karim Al-Luaybi August 24th, 2009

Abdul Karim Al-Luaybi

1 comment
Jabbar Al-Luaibi May 20th, 2009

Jabbar Al-Luaibi

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Thamir Al-Ghadban May 6th, 2009

Thamir Al-Ghadban

4 comments
Nouri Al-Maliki April 1st, 2009

Nouri Al-Maliki

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Hussein Al-Shahristani April 1st, 2009

Hussein Al-Shahristani

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February 6th, 2010

IOCs and the Future of Basrah

By Thamir A.Ghadhban

I believe the governor’s views are quite right, very positive and give assurances to the IOCs who signed contracts to develop oil fields in the Basrah governorate. The message is clear to the IOCs to engage with the local community and make an effort to reach out. It’s true that, and in spite of the monopolistic and concessionary nature of the old contracts IOCs had with Iraq, Basrah people did benefit from work opportunities, housing and other initiatives such as social and sports clubs …etc. One has to admit here that the priority is employment with Basrah population exceeding two million and high unemployment rate. The city has been deprived of work opportunities for decades though there are skilled and…

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January 11th, 2010

2nd Bid Round Results

By abdulzahra

In response to Mr. I Chalabi’s comments, with all due respect I disagree with his remarks for the following reasons:

There is certainly warranted rush to award all the fields included in both rounds, and more to come; a wider perspective on the role of oil in Iraq’s future is being lost. After years of misrule and total bad management coupled with the effects of sanctions, and the post-2003 violence, Iraq has been left as the poorest Arab country. No-one would deny Iraq’s urgent need for investment.The country needs help from foreign firms to boost production because some of its major oil fields suffer from old age, previous bad reservoir management and need modern technology to check their deterioration. The service…

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January 8th, 2010

2nd Bid Round Results

By ichalabi

There was certainly an unwarranted rush by the government to award all the fields included in both rounds totalling 27 although they could not get offers for some of the smaller ones and the reasons for Kirkuk and Bai Hassan are more related to Kurdish objections than anything else..
I do not attribute that to the wish of Maliky to gain popular support for the elections as the absolute majority of Iraqis are unaware of the implications and pay more attentions to necessaties of life. If any, many Iraqis resent the return of foreign oil companies. I will not rule out other reasons for pushing such awards and it will take a much larger space and time to argue..

To me all…

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December 16th, 2009

Who will be operating where in Iraq in 2010

By Ruba Husari

Field                               Operator -Partners

Rumaila                                     BP – CNPC
West Qurna-Phase 1                   Exxon Mobil – Royal Dutch Shell
West Qurna – Phase 2                Lukoil – Statoil
Zubair                                      Eni – Oxy, Kogas
Majnoon                                  Royal Dutch Shell – Petronas
Halfaya              …

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