EDITOR'S NOTE: The issue of production-sharing contracts (PSCs, also called production-sharing agreements, or PSAs) in Iraq is a contentious one. Encouraged initially by American advisers as the best means for investment in post-war Iraq by, the system, which allows oil companies to take a share of the profits of all oil extracted, can mean that […]
Results for "op ed assessment of the oil and gas contracts in iraq"
Hunt Oil knew KRG oil deal in disputed territory
According to a State Dept. cable from Iraq, and despite the U.S. Embassy's warnings, the oil company of a George W. Bush intelligence adviser signed a Kurdish oil deal knowing the field was in disputed territory.
The secret history of the Shell gas deal
Leaked U.S. Embassy cables and candid interviews reveal the story behind Shell's quest to export Iraqi natural gas.
Q&A: Gary Vogler
The longest-serving American in Iraq's oil sector gives an insider's account of tactical victories, strategic blunders, and hidden agendas in post-2003 reconstruction.
Q&A: Shell’s Iraq VP Hans Nijkamp
The head of Shell's Iraq operations discusses the criticism of its multi-billion-dollar gas deal, the status of its oil field development, and its long-term strategy.
The Politics of Iraqi Oil
Oil prices sink, production slows, the economy recedes and Iraqi politics: the perfect storm for Iraq’s oil sector.
Q&A: Electricity Minister Majid Mahdi Hantoush
Iraq is racing to improve electricity service in time for summer — and reduce dependence on Iranian energy imports — with new cross-border tie lines, more generation capacity, and initiatives to rein in demand.
Q&A: Crescent Petroleum CEO Majid Jafar
A key leader in the development of the Khor Mor gas field, Majid Jafar discusses the project that has fueled Kurdistan's economic boom and become Exhibit A in the argument for reforming Iraqi gas policy.
As Kurdistan oil booms, deal-making accelerates
Erbil has entered an exuberant season of mergers and acquisitions, as super-majors rush in and smaller companies feel the pressure – from shareholders and the KRG – to cash out.
Janabi presses oil sector overhaul
Parliament's top oil policymaker outlined his vision for the oil sector, advocating for legislation that would check the Cabinet's power.
Baghdad outlines plan for takeover of Kurdistan oil sector
To implement a landmark Federal Supreme Court decision, the Oil Ministry proposes steps to begin federal oversight of KRG oil and gas operations. Kurdish leaders remain defiant.
Akkas start-up showcases gas field’s potential — and pitfalls
Gas is now flowing to a nearby power plant, attracting renewed investor interest — but also highlighting ongoing technical, administrative, and security challenges.
Op-Ed: Assessment of the oil and gas contracts in Iraq
Iraqi-Norwegian expert critiques Iraq's oil and gas bidding round contracts.
Technical assessment of the INOC Law
A technical look into the young draft law to reestablish Iraq's national oil company.
Oil in Parliament’s scope
Iraq’s oil minister is in the midst of a two-day session explaining oil matters to fired-up MPs. Meanwhile, the Nassiriya project is delayed until after bidding round.
Deals in limbo as Oil Ministry fights political headwinds
As populist MPs raise unsubstantiated corruption allegations around oil projects, decision makers are moving cautiously on major initiatives while they beat back political opportunists.
UPDATE: Kurdish oil demands to Maliki revealed
According to previously undisclosed communiqué, Kurdish leaders want specific oil and revenue laws passed in 2011 and say KRG should decide constitutionality of its oil deals.
Q&A: Barham Salih
Shortly after signing watershed deals with ExxonMobil, the KRG's prime minister discusses the resource curse, the U.S. withdrawal, and the future of Kurdistan's oil sector.
Sonoro’s long-shot oil deal sunk in political quagmire
After their independent oil deal raised objections from the Iraqi Oil Ministry, Salahaddin leaders now deny the validity of the contract and Sonoro has cut ties with its advisors.
Q&A: Oil Minister Adil Abd al-Mahdi
Iraq's top oil man talks about renegotiating oil contracts, addressing long-standing disputes with Kurdistan, and building infrastructure and boosting exports.
Iraqi crude output falls as tighter OPEC quotas take effect
Crude production and exports decreased in November as Iraq began output cuts in response to tighter OPEC-plus output targets.
Mitsubishi added to Shell-Iraq gas deal
Plus: *Iraq sweetens deal to oil majors in Istanbul meetings *South Oil Co. offers oil companies 40 wells to drill *Walid Khadduri on oil and elections *Iran-Iraq meetings pledge oil, other economic trade boost *KRG changes legislative body name, says Qandil Mountains contained *Baghdad museum to reopen *Fallujah still in ruins *Joost Hiltermann: lessons of […]
Security woes dash Iraq gas plans
The rise of the IS group has taken the Akkas and Mansuriya projects offline indefinitely, stalling development at the foundation of Iraq's gas strategy.
Early questions for potential powerhouse
Long way to go from draft bill to Iraq National Oil Company law gives room for concerns to be addressed by political and technical debate.