Abdul Mahdi Al-Ameedi

Abdul Mahdi al-Ameedi, director general of Iraq’s oil ministry’s Petroleum Contracts & Licensing Dept. (PCLD), sheds light on the ministry’s fourth bid round scheduled for May30-31, and the service contract on offer, its advantages and shortcomings, in an interview with IOF editor Ruba Husari in Baghdad. (للنص العربي اضغط هنا) Q: Offering a service contract type with a fixed fee for oil and gas exploration work is unusual and almost…

Bid Round 4

Iraq’s oil ministry has set the ball rolling for its fourth bid round in two years by inviting international oil companies to pre-qualify to bid in its licensing round to be launched later this year. What’s on offer this time is 12 blocks or so, spread across the country where companies will be exploring for, primarily gas, but also for oil. Though Iraq does not need to develop any more…