11 March 2008 Iraq intends to offer five big producing fields and two small ones in its first bid round, planned for this year, in an attempt to boost output by a significant amount as speedily as possible, a senior government official involved in the process and Iraqi oil ministry sources told International Oil Daily Monday. The fields will be offered on service contracts running for at least 20 years….
Tag: Missan
Shell Pursues Natural Gas Deal With Iraq
6 March 2008 Royal Dutch Shell has submitted a proposal to the Iraqi oil ministry to produce about 500 million cubic feet per day of gas from major southern oil fields where most associated gas is now flared, Iraqi and industry sources told International Oil Daily this week. The proposal is independent of the two-year technical support contract Shell is negotiating with the ministry to boost output by 100,000 barrels…
Iraqi Cabinet OKs Deals With Majors
5 March 2008 The Iraqi cabinet has given the oil ministry the go-ahead to sign technical support contracts to develop five producing fields with five of the world’s top oil firms, Iraqi sources told International Oil Daily Tuesday. The companies — BP, Chevron with partner Total, Exxon Mobil and Royal Dutch Shell — have now been invited to a new round of talks in Amman, Jordan, starting on Mar. 14….
Minnows Complain as Majors Meet on Iraq
18 January 2008 Iraq’s launch last week of a prequalification process for international oil companies ahead of a tender for undeveloped fields has drawn fire from smaller firms, which say the criteria and requirements set by the oil ministry exclude them from the competition and favor their bigger brethren, especially the majors. Oil ministry sources said the prequalification process is designed to determine “which companies could be called on to…