Three-day event kicks off with awards to KAR Group and multiple Chinese firms. Bids on 20 more projects expected in the next two days.
Chinese firms dominate second day of 5-plus/6th bid round
Ten of the 12 projects awarded so far in Iraq's latest oil and gas contracting process have gone to Chinese companies, with one more day of bidding expected Monday.
Bids are submitted on the second day of the fifth-plus and sixth licensing round for oil and gas projects, on May 12, 2024, at the Oil Ministry headquarters in Baghdad. (Photo credit: Oil Ministry)