Iraq plans to bring forward a second bidding round for major energy contracts and may give foreign firms another run at oilfields that were left over after this week’s sale, which clinched only one deal.
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The Head of Exploration Unit at MAERSK for oil and gas group, said that the alliances of five competing corporate for the West Qurna oil field,
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The Iraqi government is hoping that a second major auction of oil and gas fields later this year will help revive a struggling oil industry where a first auction this week fell short, a government spokesman said
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Iraq was to end the day Tuesday with oil and gas contracts awarded to eight international oil companies or consortia
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BP's bid for the Rumaila oil field has been approved by Iraq's cabinet. Bids were rejected on 6 other fields, and the 8th contract (Mansuriyah gas field) saw no bids.
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Kam Fard, President and Chief Executive Officer of Groundstar Resources Limited announce that Groundstar's consortium has completed the acquisition of its 2-D seismic program over the surface structure that dominates the Qara Dagh block
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Addax Petroleum Corporation announces today that it has entered into a definitive agreement
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Wall Street Journal’s Baghdad reporter Gina Chon reports that next week, the Iraqi government will auction off the rights for foreign
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