Iraq’s fifth bid round launched last year has fallen victim to national electioneering. After missing the first deadline in the timeline announced end of November to conduct a roadshow for the tendered exploration blocks by early February, technocrats at Iraq’s oil ministry received sudden instructions to cut through the usual process and prepare to award exploration and development contracts by April 15. Just like the Iraq National Oil Co (INOC)…
Tag: Crescent
Wikileaks: KRG & Contracts
HUNT OIL SIGNS AGREEMENT WITH KRG UNDER KRG OIL LAW CANADIAN NIKO SIGNS OIL CONTRACT IN KURDISTAN REGION OMV TO CONTINUE OIL EXPLORATION IN NORTHERN IRAQ DESPITE IRAQI EMBARGO OIL MINISTER ANNULS KRG OIL CONTRACTS KRG LOOKING TO BUY GOODWILL THROUGH OIL EXPORT OIL FOUND AT SEVERAL NEW SITES IN KURDISTAN REGION BAGHDAD-ERBIL OIL RAPPROCHEMENT? MPS OFFER SKEPTICISM AND OLD IDEAS FOR NEXT STEP OIL RAPPROCHEMENT? KRG PUBLISHES TWO CONTRACTS…
Mr. Five Percent
I was privileged two years ago to be invited, as an observer, to attend a roundtable in Paris where about 30 Iraqis from inside and outside of Iraq, with experience in government and the oil sector, convened over three days to discuss in a candid and open manner how to define an oil policy for Iraq. To my surprise – and the shock of everyone else in the room –…
Iraq Punishes Oil Firms With KRG Deals
16 January 2008 Iraqi Oil Minister Hussein al-Shahristani has followed up on threats to punish companies that sign deals with the Kurdistan Regional Government (KRG) by canceling the memoranda of understanding (MOU) some had inked with his ministry, a ministry source told International Oil Daily from Baghdad Tuesday. This is the first concrete step toward depriving them of any future deals with Baghdad. Al-Shahristani had persistently told companies that Baghdad…