Lukoil’s Vagit Alekperov said his company has now changed its mind on West Qurna -1 oil field following a detailed analysis and is now ready to follow in the footsteps of BP/CNPC and sign up to develop the field for a $1.9/bbl remuneration fee, the maximum fee the Iraqi oil ministry was willing to offer oil companies when the first licensing round bids were opened on June 30. Lukoil is…
Tag: maximum remuneration fee
The Results
1st Licensing Round Results – Final Zubair Bid Results West Qurna Bid Results Rumaila Bid Results Missan Bid Results Mansuriya Bid Results Kirkuk Bid Results Bai Hassan Bid Results Akkas Bid Results