In response to Mr. I Chalabi’s comments, with all due respect I disagree with his remarks for the following reasons: There is certainly warranted rush to award all the fields included in both rounds, and more to come; a wider perspective on the role of oil in Iraq’s future is being lost. After years of misrule and total bad management coupled with the effects of sanctions, and the post-2003 violence,…
Category: The Forum
Discussion on oil and politics
2nd Bid Round Results
There was certainly an unwarranted rush by the government to award all the fields included in both rounds totalling 27 although they could not get offers for some of the smaller ones and the reasons for Kirkuk and Bai Hassan are more related to Kurdish objections than anything else..I do not attribute that to the wish of Maliky to gain popular support for the elections as the absolute majority of…
Who will be operating where in Iraq in 2010
Field Operator –Partners Rumaila BP – CNPC West Qurna-Phase 1 Exxon Mobil – Royal Dutch Shell West Qurna – Phase 2 Lukoil –…
2nd Bid Round: The Results – 12 December 2009
– WEST QURNA- Phase 2 OIL FIELD THE BIDDERS: 1. Total (100%) FEE BID : $1.72 PLATEAU:1,430,000 SCORE: 69 2. BP (51%) CNPC (49%) FEE BID: $1.65 PLATEAU: 888,000 SCORE: 66 3. Petronas (60%) Pertamina (20%) Petrovietnam (20%) FEE BID: $1.25 PLATEAU: 1,200,000 SCORE: 87…