Who is Working Where in Iraq (2013) Companies Holding Oil Contracts with Iraq (2013)
Year: 2013
The Nassiriya Challenge
It’s unique, it’s challenging and it’s complex, but Iraq’s oil ministry seems determined to make the first upstream-downstream integrated project in Nassiriya a reality. What’s more, forget the $ per barrel fee that was the basis of all previous service contracts. On this one, investors will make a return on their investment from a percentage of the revenues Iraq will rake, pretty much like the “profit oil” concept in production-sharing…
Syria Redrawing ME Energy Map
Syria might not be a major oil or gas producer in the Middle East, but—depending on the outcome of the Syrian uprising—it may determine the shape of the future regional energy map. The country’s geographic location offers Mediterranean access to landlocked entities in search of markets for their hydrocarbons and to countries seeking access to Europe without having to go through Turkey. The opportunities presented to many in the region…