14 October 2008 Iraq’s oil ministry on Monday launched a competition among 35 international oil companies for six of Iraq’s most prized oil fields and two undeveloped gas fields under 20-year service contracts, which Iraqi Oil Minister Hussein al-Shahristani said he expects to be “finalized and presented to the Iraqi cabinet for ratification before the end of June.” Prequalified companies for Iraq’s first bid round, including all the majors as…
Tag: road show
Iraq Gears up for Bid Round Road Show
17 July 2008 Iraq is gearing up to conduct a road show for its first bid round since the US-led invasion of 2003, announced at the end of June, and expects to launch a second round before the end of the year, Oil Minister Hussein al-Shahristani told International Oil Daily in an interview in Baghdad Wednesday. He added that technical support contracts (TSC) for five producing fields could still be…