Mixed signals from Oil Ministry on new offer from Chinese consortium for fields offered in first bidding round, which include famed Fakka field that saw Iranian occupation.
Tag Archive for 'Oil Fields'
Most of Iraq's border oil fields contain landmines left from previous wars, but must be removed to boost production.
Oil Minister announces new network of boards to deal with oil and gas fields now set to be developed across the country, along with new state oil company.
Dozens are killed in bombings that shocked the capital, targeting popular hotels in the run-up to March 7 elections.
Oil Ministry sets deadline for Japanese oil companies to agree to EPC deal for the Nassiriya oil field, but companies short on money want assurance the three-year deal will lead to something more.
Contract for Majnoon becomes the second of an expected 10 oil deals to be signed with the world largest oil companies to develop the world's largest oil fields.
Officials in Diyala province, miffed that foreign companies missed the opportunity for oil investment here, are looking upbeat now at alternative investment prospects.
Four deals approved after requested (and undisclosed) changes are made, leaving five from the first and second auctions last year to get Cabinet OK.
Lukoil, Statoil and ministry agree to draft contract for West Qurna-Phase 2, cooperate with Exxon and Shell of Phase 1, adjust shares.
Iraqi federal court hears government defense, postpones hearing and fate of contracting process until Jan. 11.
