Iraqi Kurds announce SEVEN new oil deals to foreign firms, and FOUR to the new Kurdistan oil company

The KRG announced the new deals Tuesday, a major move which will have reverberations yet to be realized within the political spheres from Baghdad to Washington, as well as the global oil industry.

Iraq Oil Report will have more details, but here's what's out so far:

# Award of two PSCs, for the Mala Omar and Shorish Blocks (of 285 and 526 square kilometres respectively) in Erbil Governorate, to OMV Petroleum Exploration GMBH, a wholly-owned subsidiary of OMV Aktiengesellschaft, the largest oil...