7 July 2005 Regardless of its official name, Iraq Oil Exploration Co. (IOEC) has done little in the way of exploration for the past 15 years — and is unlikely to start exploring the country’s vast areas anytime soon, in the absence of seismic equipment and trained staff. However, since the collapse of the Baath regime in 2003, the company has been focusing on building a modern National Data Center…
Tag: data
Iraq Prepares Ground for Future Contracts
14 June 2004 Iraq’s oil ministry is setting out on a process of preparing a new oil policy, as well as drafting model contracts and a petroleum law, to be approved later by the country’s elected bodies, Iraq’s new Oil Minister Thamer al-Ghadban said in an interview. The work aims to prepare Iraq for its political evolution, which should see the adoption of a new constitution in around 18 months,…
Iraq Field Study Attracts Strong Interest
17 August 2004 Despite its deteriorating security situation and unstable future, Iraq managed to attract a strong turnout for a contract to conduct reservoir and engineering studies at its largest two oil fields, Kirkuk and Rumaila. Some 14 bids were submitted from companies in Europe, North America and Australia, a senior Iraqi official said Monday. Iraq in June invited more than 30 companies to participate in the tender, which would…