Italy's government and energy company ENI said on Friday they are setting aside a total of one million Euros (1.2 million dollars) to finance sports development projects in Iraq.
Italy and ENI to finance sports facilities in Iraq
Italy's government and energy company ENI said on Friday they are setting aside a total of one million Euros (1.2 million dollars) to finance sports development projects in Iraq.
The contract, estimated at several billions of dollars, is to take place in oil fields in southern Iraq.
(Source: Petroleumworld.com) Iraq Prepares New Gas Field Licensing, Cuts Oilfield Signatory Bonuses Retroactively Iraq's Oil Ministry has released plans to tender three gas fields—previously part of the first and second licensing rounds—to 15 invited companies and has named Shell, Total, and KOGAS as frontrunners, while also confirming that signatory bonuses for the renegotiated West Qurna-1 […]
Iraq's Oil Ministry has slashed signature bonuses on two oilfield development deals ...... but is turning them into unrecoverable payments.
Before the United States and Britain invaded Iraq in March 2003, their oil companies were shut out of oil-production contracts being negotiated by the government of Saddam Hussein. Today, more than six years of war later, Saddam is gone, and the U.S. and British oil companies are not only in on the oil contracts, they […]
