Map of 11 blocks and fields. List of blocks and fields. List of 14 companies who paid the participation fee and acquired the data package. Development & Production Contract Exploration, Development & Production Contract Bid Round 5 – Results
Tag: 2018
Bid Round 5 – A Hybrid Contract
Iraq’s fifth bid round launched last year has fallen victim to national electioneering. After missing the first deadline in the timeline announced end of November to conduct a roadshow for the tendered exploration blocks by early February, technocrats at Iraq’s oil ministry received sudden instructions to cut through the usual process and prepare to award exploration and development contracts by April 15. Just like the Iraq National Oil Co (INOC)…