The contract, estimated at several billions of dollars, is to take place in oil fields in southern Iraq.
ExxonMobil to use water injection to enhance southern Iraqi oil ouput
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Iraq Announces New Gas Tenders
(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 Agrees to reduce signature bonuses on oilfields ..... but
Iraq's Oil Ministry has slashed signature bonuses on two oilfield development deals ...... but is turning them into unrecoverable payments.
Did Big Oil Win the War in Iraq?
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 […]