Bid Round Five

By tendering new blocks for exploration, all of them close to the border with either Iran or Kuwait, Iraq is trying to catch up on the effort to increase its oil and gas reserves that has been interrupted by two major wars with the two neighbors in 1980 and 1990. To convince international oil companies to participate in this round, the fifth since Iraq opened its oil sector to foreign…

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…

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…