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…

Iraq Watch – The Need for Clarity

17 October 2008 Iraq finally unveiled the terms of its big upstream opening. International oil companies now realize that to win a 20-year service contract to rehabilitate and redevelop some of Iraq’s giant oil fields, they need to offer it high production targets at the lowest cost. For committing to spend money on rehabilitation of infrastructure and drilling of wells as well as a new reassessment of recoverable reserves in…

Iraq to Send Out Bid Round Packages This Week

28 October 2008 The Iraqi oil ministry is gearing up to send out the initial tender protocol and data packages for the eight oil and gas fields included in its landmark first bid round by the end of this week, and expects international oil companies to pay participation fees for the fields on which they choose to bid by Dec. 31, ministry sources say. Despite the accelerated process, questions persist…