Abdul Karim Luaibi has been on the job less than a month, but his Oil Ministry appears to be building momentum toward holding a fourth bidding round and jump-starting stalled deals.
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Officials in Diyala province, miffed that foreign companies missed the opportunity for oil investment here, are looking upbeat now at alternative investment prospects.
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Four deals approved after requested (and undisclosed) changes are made, leaving five from the first and second auctions last year to get Cabinet OK.
Complete Round 2 results
Here's the field by field recap of winners, losers and details of the fields international companies now have deals to develop.
- Shell, ExxonMobil say it and others want in Iraq’s oil and gas but need guarantees in the law…
- Iraq deals with Big Oil to be signed in March…
- Iraqi and international oil firms’ talks on first post-war deals are moving along …
- Turkey to study pipeline for Iraq gas to run same route as Iraq oil pipelines…
- Iraq intent on boosting oil production by 17 percent; security and investment still uncertain …
Iraqi oil ministry to face tough crowd, critics in upcoming meetings
Plus: *Shahristani wants expanded ministry role, new national oil co., less red tape *Petrochemical worker repression outrage by int'l union *Iraqi in Gitmo prison now missing *Sarkozy in Baghdad visit wants French firms back in country *Maliki responds to Biden threats to sovereignty *Video: Building boom in northern Iraq *Shoe-throwing Zaidi gets Feb. 19 trial [...]
Basra break in violence allows oil workers to leave, head to work…
Plus: *The State of Basra *Crescent Petroleum sponsors Iraqi universities in oil confab *Oil deals unlikely for months *Iraq war drains U.S. budget for fuel *Iraqi parties prevent ban on honor killing *Japan-Iraq collaboration A lull in fighting in the oil-rich province of Basra allowed oil field workers to return to work, ensuring output of [...]
