IDC’s Success Story

Iraq Drilling Co (IDC) is back in force and seems on the way to turn itself into a success story by teaming up with the big ones. After the short setback following the failed joint venture with Mesopotamia Petroleum, it has finally found the magic formula to play the leading role in the gigantic drilling effort that will take place across the Iraqi oil fields over the next few years.

In the first drilling tender launched earlier this year for drilling in Rumaila oil field, IDC bid jointly with Schlumberger, the world’s largest oilfield services provider and together they won a contract to drill 21 new wells and carry out workover jobs on 23 wells. IDC will supply three of its…

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al-Ghadban . bids . drilling . drilling tenders . Gharraf . Halliburton . IDC . Iraq drilling company . Majnoon . Mesopotamia Petroleum . Najmah . OEC . oil ministry . pipelines . pumping stations . Qayarah . rigs . Rumaila . Schlumberger . Scop. . service contracts . Shahristani . tank farm . Weatherford . wells . West Qurna . workover . Zubair The View from Baghdad

Pioneer CNPC

Wasit Province – About 2,000 Chinese workers are about to descend on Al-Ahdab oil field next month to start work on the construction of the central production facility, engineer Ahmad Abdul Redha, the chief of Al-Ahdab section at North Oil Co (NOC) tells me during a tour of the fortress camp that CNPC’s subsidiary, Al-Waha Petroleum, built just 15 km to the west of Kut.

With five rigs on the field, Daqing Drilling, CNPC’s drilling subsidiary, has drilled six new wells and carried workovers on three – out of seven drilled in the 1980’s – since launching work on Al-Ahdab in January 2009. By the end of the year, it’s expected to double the number of rigs in order to achieve…

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The Results

1st Licensing Round Results – Final

Zubair Bid Results

West Qurna Bid Results

Rumaila Bid Results

Missan Bid Results

Mansuriya Bid Results

Kirkuk Bid Results

Bai Hassan Bid Results

Akkas Bid Results

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Iraq Gears up for Bid Round Road Show

17 July 2008

Iraq is gearing up to conduct a road show for its first bid round since the US-led invasion of 2003, announced at the end of June, and expects to launch a second round before the end of the year, Oil Minister Hussein al-Shahristani told International Oil Daily in an interview in Baghdad Wednesday.

He added that technical support contracts (TSC) for five producing fields could still be signed with six international majors if they do not overlap with the new contract awards.

The plan is to present data on the eight oil and gas fields up for grabs in the first bid round in London at the end of September.

The oil ministry in June signed a contract with consultant Gaffney…

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1st bid round . bids . criteria . data . Gaffney Cline . model contract . road show . SGC . Shahristani . Shell gas deal . TSC 2008