Round 2 of the Iraq oil bidding battle begins

Asian, European and Turkish oil executives exchanged handshakes and smiles Thursday, awaiting an early morning flight to Baghdad. They represented three of 44 competitors angling for 10 of Iraq’s best untapped oil projects – on offer this Friday and Saturday in an auction at the Iraqi Oil Ministry.

The companies are also comrades of sorts, of a fraternity of foreign oil companies desperately trying to return to the world’s most prospective oil patch. After years of isolation, companies ar…

Asian, European and Turkish oil executives exchanged handshakes and smiles Thursday, awaiting an early morning flight to Baghdad. They represented three of 44 competitors angling for 10 of Iraq’s best untapped oil projects – on offer this Friday and Saturday in an auction at the Iraqi Oil Ministry.

The companies are also comrades of sorts, of a fraternity of foreign oil companies desperately trying to return to the world’s most prospective oil patch. After years of isolation, companies ar…

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