By John Lee. Talks between ExxonMobil and Iraq on the multi-billion-dollar Common Seawater Supply Project (CSSP) have reportedly reached an impasse. According to Reuters, two sides differ on contract terms and costs. Ian Thom, principal analyst at consultancy Wood Mackenzie, told the news agency: “The CSSP would be expensive and challenging but there’s opportunity here […]
Tag Archives | Wood Mackenzie
Tags: Common Seawater Supply Facility (CSSF), Common Seawater Supply Project (CSSP), Exxon, Exxon Mobil, ExxonMobil, featured, water injection, Wood Mackenzie
Iraq's 4th Energy Licensing Round – Success or Failure?
Nearly a week has passed since the finalisation of Iraq's fourth round of oil licences, this time relating to oil and gas exploration blocks. In the meantime, the debate has rumbled on regarding the results of the auction, with some regarding it as a success and others as a failure. Among the professionals, the consensus […]
Tags: 4th round oil licences, 5th round energy licences, Centre for Global Energy Studies, PCLD, Petroleum Contracts and Licensing Directorate, Wood Mackenzie
How Risky Is Iraq?
By Editor on 19th January 2011 in Blog, Construction & Engineering In Iraq, Iraq Banking & Finance News
Let's start with a little test: Can you rank the following economies in order of the expected risk of their defaulting on their sovereign debt – Ireland, Argentina, Dubai, Greece, Iraq? The correct order, based on the cost using credit default swaps (CDS) to insure their debt against default, is: Greece (riskiest), Ireland, Argentina, Dubai, […]