BAGHDAD - Iraq has extended next month's "roadshow" for foreign oil companies planning to bid in the January bidding round from one to two days, offering pre-qualified firms the long-awaited model contract and selling data on the areas to be put up for auction.
The country is continuing its massive, fast-paced effort to sink billions of dollars international oil company (IOC) money into producing, idle and undiscovered fields in the oil and gas sector. In late January, the 41 pre-qualified oil companies will bid on 12 exploration blocks.
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