Iraq’s Oil Ministry is getting ever closer to the first post-Iraq war oil deals…
…with the majors licking their chops at reentering since Iraq’s oil was nationalized in the 1970s. Plus: *Iraq and Europe to develop the gas sector *Rumormill: $$ for Iraq oil law votes? *Austria’s OMV joins SK Energy in having oil supply cut *Tet and the Iraq offensive Iraq's Oil Ministry, in talks with oil majors […]Iraq's Oil Ministry, in talks with oil majors to boost production in crucial fields, may give long-term deals to firms that offer technical support.
This comes as Baghdad is preparing a first round, though somewhat cloudy in details, of bidding and negotiated contracts to improve its struggling oil sector.
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