2nd Licensing Round-Factbox

(Click Headline To Open All Documents) Minister’s Speech Istanbul Aug.25, 2009 Review Of Technical Service Contract-Abdul Mahdi al-Ameedi List of 2nd Licensing Round Prequalified Companies – Final 2nd Licensing Round –  Fields Map 2nd Licensing Round – Timeline 2nd Licensing Round – Operator Qualifications 2nd Licensing Round – Participation Fees 2nd Licensing Round – Consortia Rules 2nd Licensing Round – Bidding Parameters 2nd Licensing Round – Award Restrictions 2nd Licensing…

$0.5 per barrel for the producing provinces: An equitable share or additional revenue?

In its 21st ordinary meeting held on 9th June 2009 the Council of Ministers-CoM in Iraq decided to propose a draft law which provide every producing province (Governorate) a 50 cent for every barrel of oil produced by it. The decision was said to be a fulfilment of Article 121 sub-paragraph “Three” of the Constitution regarding equitable revenue sharing. Apart from this brief note the CoM website provides no further…