The first day of Iraq’s oil ministry’s fourth bid round confirmed what many people, including those who worked on the model technical service contract, had expected: conducting exploration and development on the terms offered under these contracts is going to be a hard sale. Kuwait Energy with its partners, Turkey’s TPAO and UAE’s Dragon Oil, was willing to play by what’s on the table to secure Block 9 because it…
Tag: PSA
KRG & Oil Ministry Contracts: A Comparison
Kamil Al-Mehaidy: KRG & Oil Ministry Contracts: A Comparison (in Arabic) كامل المهيدي: قراءة في عقود أقليم كردستان النفطية
Iraqi Oil Policy & Constitutional Issues
Joseph Bell & Cheryl Saunders – Iraqi Oil Policy & Constitution Issues Regarding Federal and Regional Authority
Tariq Shafiq
Tariq Shafiq is one of the founding fathers, former director, vice chairman and executive director of Iraq National Oil Company (INOC) founded in 1964. He was also a veteran of its predecessor, Iraq Petroleum Company (IPC) where he served in various technical capacities since 1954, including as head of petroleum engineering. In this candid interview with IOF editor Ruba Husari, he gives his expert take on the different versions of…