32 Firms Buy Info-Packs for 4th Energy Round

Thirty-two international companies, including oil majors, have so far bought data packs for Iraq's 4th energy bidding round, according to Dow Jones.

The Iraqi oil ministry has qualified 46 international companies to take part in the bid round, scheduled for March 7, in which 12 exploration blocks will be auctioned.

The purchase of the data packages by these companies mean they are interested in taking part in the bidding round, Abdul Mahdy al-Ameedi, head of the ministry's Petroleum Contracts and Licensing Directorate, told Dow Jones Newswires in an interview in Baghdad.

Meanwhile, a two-day workshop in Amman, Jordan, for participating companies has been postponed from 5th December to 14th December, because of the Muslim Ashora holidays.

Among the companies buying documents so far are:

  • Royal Dutch Shell PLC (RDSA),
  • Exxon Mobil Corp. (XOM),
  • BP PLC (BP),
  • Eni SpA (ENI.MI),
  • Total SA (TOT),
  • Occidental Petroleum Corp. (OXY),
  • Chevron Corp. (CVX),
  • Lukoil Holding (LKOH.RS),
  • Statoil,
  • INPEX Corp. (IPBXHY),
  • JX Nippon Oil and Gas Exploration or Corp., or JX-NOEX,
  • Mitsubishi Corp. (8058.TO),
  • Sumitomo Corporation, and
  • Turkey's TPAO.

(Source: Dow Jones)

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