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Iraq opts for long term oil deals, ditches no-bids

Plus: *More on the Shell gas deal *German, UAE and Iran investors eye southern refineries *Alive in Baghdad: Selling Fuel *Kidnapping in the NOC Iraq won't award temporary oilfield services contracts to international companies before a bidding round aimed at bringing in foreign expertise to boost crude production, Oil Minister Hussain al-Shahristani said, Bloomberg News [...]

By Ben Lando of Iraq Oil Report
Published September 9, 2008

Plus:
*More on the Shell gas deal
*German, UAE and Iran investors eye southern refineries
*Alive in Baghdad: Selling Fuel
*Kidnapping in the NOC

Iraq won't award temporary oilfield services contracts to international companies before a bidding round aimed at bringing in foreign expertise to boost crude production, Oil Minister Hussain al-Shahristani said, Bloomberg News reports. Iraq will instead go ahead with new long-term exploration contracts before approving a new energy law, he said....

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