Posts Tagged ‘Nassiriyah’
26 September 2008
Judging by the way preparations are going at the oil ministry in Baghdad, Iraq’s second postwar bid round promises to be even more controversial than the first.
When launched in late June with six producing oil fields and two gas fields, the first offering was slammed by some as selling off the country’s crown jewels. According to plans now being drawn up, Iraqi Oil Minister Hussein al-Shahristani could offer 16 more oil fields to international oil companies as early as October. Critics claim this would effectively place …
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 the first one has been concluded or has made significant progress. The first licensing round was announced at the end …
21 July 2008
Iraq’s Daura refinery should commission a new 70,000 barrel per day crude distillation unit at the end of the year, raising capacity to 160,000 b/d, Midland Refineries Director-General Dathar al-Khashab told International Oil Daily last week. It will be the first addition to the refinery, near Baghdad, since the US-led invasion in 2003.
A contract for a second crude distillation unit, awarded like the first one to Czech firm Prokop Engineering, is expected to add a further 70,000 b/d to capacity by early 2010.
After five years …