16 July 2008 The Iraqi government will soon submit a draft law to the legislative council on setting up a National Council for Reconstruction and Development tasked with speeding up contract awards for strategic projects, including oil field development contracts, a senior Iraqi official said Tuesday. Iraqi Prime Minister Nouri al-Maliki said Monday that the cabinet had endorsed the new body on Jul. 13. He will preside over the council,…
Tag: contracts
Iraq, Oil Majors Conclude Support Talks
13 May 2008 Five oil majors have wrapped up talks with Iraqi oil ministry negotiators on short-term technical support contracts for five oil-producing fields and are now expected to submit their final proposals to the ministry by June, Iraqi oil sources told International Oil Daily Monday. The Iraqi oil ministry is keen to finalize the deals before it launches its first licensing round for long-term development contracts early this summer….
Iraq Nears Support Deals With Oil Majors
15 April 2008 Iraq’s oil ministry expects to sign two deals with two oil majors by the end of the month under the technical support contracts framework approved recently by the Iraqi cabinet, with two other deals expected to follow shortly afterward, Iraqi oil sources told International Oil Daily Monday. The ministry has also named 35 international oil companies it said have prequalified to bid in the upcoming licensing round…
Iraq Turns Spotlight on Natural Gas Projects as Shortages Bite
20 March 2008 The Iraqi oil ministry is tendering a contract to build a pipeline linking the Akkas gas field in northwest Iraq to the Syrian border with the aim of starting exports to Syria within a year of contract award, a senior Iraqi official said Wednesday. Akkas was discovered in the late 1990s, and six wells were drilled there by a Syrian contractor before the US-led invasion in 2003….