26 December 2008 Iraq’s oil ministry decided Wednesday to launch its second postwar bid round for oil and gas field development with 14 oil fields and two gas fields spread over Iraq’s regions, ministry sources said Wednesday. The official announcement will be made by Iraqi Oil Minister Hussein al-Shahristani in Baghdad on Dec. 31. Opinions in the ministry are divided over whether Iraq should launch a new bidding round before…
Tag: East Baghdad
Despite Crisis, Iraq Outlines Grand Oil Plan
21 February 2003 Unfazed by the prospect of an imminent war, Iraqi oil officials are forging ahead with a 10-year plan drawn up last year, which aims to bring on stream early oil production from discovered but not-yet-developed fields, as well as launch an ambitious oil and gas exploration program to boost proven reserves. The 10-year plan, which stretches through 2012, aims at almost doubling oil production capacity in the…
At Iraq’s Big Kirkuk Field, Oil Flows but Damage Still a Problem
2 May 2003 Crude oil production from Iraq’s northern Kirkuk oil complex has been ramped up to 60,000 barrels per day this week and is likely to rise to at least 130,000 b/d once the first crude oil unit at the Baiji refinery becomes operational again, an official of North Oil Co. (NOC) said Thursday. “We started initial production at 20,000 b/d on Apr. 24 and are currently producing 60,000…