Posts Tagged ‘Naudoman’
Final Tender Protocol – ExcerptsBidding Schedule Dec. 11-12 Process Timeline: Bidding, Ratification, Signature Bidding Parameters & Bid Score Formula The Final 44 Pre-qualified Entities The 10 Contract Areas: Current Production, Minimum Plateau Production Targets, Plateau Duration, Signature Bonus, Minimum Expenditure Obligation
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 …