9 September 2008 The Iraqi cabinet on Sunday approved a preliminary gas deal between Royal Dutch and South Gas Co. (SGC), giving the green light for detailed negotiations on a final deal expected next year, Iraqi and industry sources said. The deal is a nonbinding heads of agreement (HOA) to establish a joint venture to gather and process associated gas now being flared from Basrah region oil fields in the…
Tag: exports
Shell Official in Baghdad for Gas Talks
13 June 2008 A top-ranking Royal Dutch Shell official is in Baghdad this week to discuss a heads of agreement to establish a joint venture to invest in Iraq’s gas sector and process associated gas from southern fields for domestic and export markets, an Iraqi oil source told International Oil Daily Thursday. The talks, the first held in the Iraqi capital by a senior international oil company executive since 2003,…
Shell, Iraq Push on With JV Gas Talks
6 June 2008 The Iraqi oil ministry and Royal Dutch Shell will launch a second round of talks in Damascus next week on establishing a joint venture in southern Iraq to exploit associated gas, a ministry source in Baghdad told International Oil Daily Thursday. The talks follow a first round of negotiations in late May aimed at concluding a heads of agreement this summer. The Anglo-Dutch supermajor submitted proposals to…
Iraq, Oil Majors Conclude Support Talks
13 May 2008 Five oil majors have wrapped up talks with Iraqi oil ministry negotiators on short-term technical support contracts for five oil-producing fields and are now expected to submit their final proposals to the ministry by June, Iraqi oil sources told International Oil Daily Monday. The Iraqi oil ministry is keen to finalize the deals before it launches its first licensing round for long-term development contracts early this summer….