Watering the Oil Fields

Iraq is set to witness a few firsts when it comes to how oil fields have been and are being developed around the world. After all, at no time in the history of the industry has so many oil fields of this size been developed all at once in such a short time span. One of the major firsts will no doubt be the Common Seawater Supply Facility (CSSF) which will aim to process up to 15 million barrels per day of raw seawater from the Mideast Gulf in order to provide some 12 million b/d of treated water to be injected in fields in southern Iraq as they are developed. That makes it the biggest such project in the…

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1st bid round . 2nd bid round . bidding results . BP . CNOOC . common seawater supply facility . CSSF . drilling . ENI . Exxon . field development . Gharraf . Halfaya . Majnoon . Mideast Gulf . Missan . oil fields . oil ministry . Petronas . pipelines . rigs . Rumaila . seawater . service contracts . Shell . SOC . water cut . water flooding . water injection . West Qurna . Zubair The View from Baghdad

Iraq Votes

The polls are closed and it wasn’t the carnage some were expecting it to be. True, it is quite disturbing to wake up to the sound of mortars on elections day. But that’s not surprising, this is Baghdad after all. Bottom line, Iraq has voted for the second full-term parliament since 2003 despite the threats, the intimidations, the chaos, the interference, and the “de-baathification” saga by the “not so” independent commission for justice and accountability.

Now another saga starts: who has won? The answer will shed light on the more crucial question: how much has the Iraqi society evolved since 2005 national elections and has apathy towards violence and sectarianism resulted in a shift in attitudes compared to five years ago.…

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1st bid round . 2005 elections . 2010 elections . CNOOC . de-baathification . elections . Iraq parliament . Iyad Allawi . licensing round . Missan . Nouri al-Maliki . oil ministry . results . service contracts . Shahristani The View from Baghdad

The Results

If you are trying to figure out who won and who lost in Iraq’s first bid round, consider this:

22 companies have participated in the licensing round making offers for six oil fields and one gas field, as leaders or members of consortia. One gas field, Mansuriya had no takers.

China’s CNPC was the most aggressive taking part in 5 offerings followed by Malaysia’s Petronas which targeted 4. Oil majors Exxon Mobil and Royal Dutch Shell aimed for 3 each, and so did Turkey’s TPAO and China’s Sinopec. BP, ConocoPhillips as well as China’s CNOOC and Korea’s Kogas targeted 2 each. The remaining 12 companies participated in bids for one field each.

The Lowest remuneration fee bid for an oil field……

1st licensing round results . Akkas . awards . Bai Hassan . bid round . BP . CNOOC . CNPC . ConocoPhillips . consortium . ENI . Exxon Mobil . Gazprom . Japex . Kirkuk . Kogas . Lukoil . Maersk . Mansuriya . Missan . ONGC . Oxy . Peetronas . remuneration fee . Repsol . Rumaila . Shell . Sinochem . Sinopec . Statoil . TPAO . West Qurna . Zubair The View from Baghdad

Oil Provinces Offer High Stakes in Iraqi Poll

30 January 2009

Iraqis go to the polls on Saturday to choose their local council representatives for the next four years, in the second such elections held in postwar Iraq. The outcome will reflect the balance of power between the major political parties across 14 of the country’s 18 provinces and give an indication of the shape of things to come as Iraq prepares for its next parliamentary elections, most likely in early 2010.

Unlike the 2005 provincial council elections — which were boycotted by Sunnis — the 440 seats up for grabs this time are being contested by over 14,000 candidates representing Sunni, Shiite and secular parties, as well as independents. Sunni parties are going head to head in north and…

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Basrah . Dhi Qar . election . gas deal . governorates . ISCI . local councils . Maliki . Missan . oil deals . provinces . Shell . shiites . southern region . sunnis 2009