Drilling in the Badra oil field in the east of Iraq is long and painful. The Iranians had this experience with first six wells drilled in their part of the shared oilfield in the past and now Russia’s Gazprom with its partners are laboring over the deep wells, having the same frustrating and sometimes disappointing experience as foreign operators who drilled on the other side of the border in recent…
Tag: 2nd bid round
Abdul Mahdi Al-Ameedi
Abdul Mahdi al-Ameedi, director general of Iraq’s oil ministry’s Petroleum Contracts & Licensing Dept. (PCLD), sheds light on the ministry’s fourth bid round scheduled for May30-31, and the service contract on offer, its advantages and shortcomings, in an interview with IOF editor Ruba Husari in Baghdad. (للنص العربي اضغط هنا) Q: Offering a service contract type with a fixed fee for oil and gas exploration work is unusual and almost…
Iraq’s Oil Service Contracts – An Overview
Thamir Al-Ghadban: Iraq’s Oil Service Contracts: An Overview Speech to Baghdad Oil Seminar – July 18, 2010
Watering the Oil Fields
Iraq is set to witness a few firsts when it comes to how oil fields have been and are being developed around the world. After all, at no time in the history of the industry has so many oil fields of this size been developed all at once in such a short time span. One of the major firsts will no doubt be the Common Seawater Supply Facility (CSSF) which…