Iraq: More Momentum

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…

Iraq Finalizes Fields to Be Offered in Bid Round Next Week

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…