27 Firms Show Interest In 4th Oil Bidding Round

Dow Jones Newswires reports that twenty-seven international companies have submitted documents and paid fees to the Iraqi oil ministry to qualify them to take part in the country’s fourth oil and gas licensing round.

The auction for the 12 exploration blocks is scheduled to take place in January.

“The ministry is studying documents of these companies and a list of pre-qualified companies is expected to be issued within the next two weeks,” according to a ministry official who asked not to be name for security reasons.

(Source: Dow Jones Newswires)

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