Thamir al-Ghadhban, former Iraqi Minister of Oil and Chairman of the Advisory Commission at the Prime Minister’s office, gives his take on the latest developments in Iraq’s oil sector and analyses future trends in an interview in Baghdad with Ruba Husari. Q: How do you expect a new government following the March 7 legislative elections to deal with the signed contracts? Is there a risk that the legality of those…
Tag: KRG
Baghdad VS KRG
Peter Wells writes: “With the successful conclusion of the First Bid Round, the Ministry of Oil will have achieved the timely, open, clean and transparent award of several major oil field development projects to reputable and capable operating companies – ExxonMobil, ENI and BP – on very advantageous terms for Iraq. The three projects awarded to date alone represent capital investment of more than $50bn and incremental production capacity by…
Iraq’s Technical Service Contracts
Iraq’s Technical Service Contracts: A Good Deal for Iraq? By Peter Wells
Mr. Five Percent
I was privileged two years ago to be invited, as an observer, to attend a roundtable in Paris where about 30 Iraqis from inside and outside of Iraq, with experience in government and the oil sector, convened over three days to discuss in a candid and open manner how to define an oil policy for Iraq. To my surprise – and the shock of everyone else in the room –…