Tag Archives | Zurbatiya

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, Iran to Open Free Zone in Wassit

An agreement has been reached between Iraq and Iran to open a joint free market in southern Iraq’s Wassit Province, the Province’s Council Chairman said on Tuesday. “Wassit’s Council had made a big effort to reach an agreement with the Iranian side to open a joint free market between the two countries at the Zurbatiya […]