Tag Archives | Sindibad oil field

Iraq Awards New Oilfield Licences: FULL LIST

By John Lee. Iraq’s Ministy of Oil has awarded all four development projects, and two of the seven exploration blocks, that it offered in its fifth auction of oil licences. Only nine of the 26 companies originally pre-qualified took part in the auction, with majors such as Lukoil (Russia), ExxonMobil (US) and Total (France) not bidding. Development […]

Iraq and Iran Discuss Cross Border Fields Plan

By Simon Kent. Iraq’s Deputy Oil Minister Fayadh Nema, who is currently acting Oil Minister until Abadi’s new cabinet is finalized, has recently announced a trip to Tehran to discuss cross border oil fields. Once a controversial topic between Tehran and Baghdad, Iraq’s many cross border oil fields are now back on the agenda as sanctions […]