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26 Firms to Bid for Oil, Gas Blocks in Iraq's Border Areas

Source: Reuters 1/12/2018, Location: Middle East

The Iraqi oil ministry said 26 companies have qualified to bid for oil and gas blocks in border areas. Five companies qualified recently to take part in the bidding round, alongside 21 others already selected, the ministry said in a statement.

In November Iraq invited foreign companies to bid for contracts to explore and develop oil and natural gas reserves in nine new blocks as the OPEC nation seeks to boost its output capacity.

The bidding terms will be finalised by the end of May and the ceremony to open the bids will be held on June 21.

Exploration News in Iraq >>

Norway >>  2/18/2019 - Wintershall Norge A/S, operator of production licence 847, has concluded the drilling of wildcat well 6706/6-2 S. The well was drilled about 60 kilom...
United States >>  2/18/2019 - 88 Energy has advised that the Winx-1 well, North Slope of Alaska, spudded on schedule on Feb 15 (AK time). The well was drilled to 600 ft prior to pu...

Norway >>  2/15/2019 - Equinor Energy AS, operator of production licence 248 C, has completed the drilling of wildcat well 35/11-22 S. The well was drilled in the northern ...
Norway >>  2/15/2019 - Wellesley Petroleum AS, operator of production licence 931, has completed the drilling of wildcat well 35/4-2. The well was drilled about 33 kilometr...

United States >>  2/15/2019 - 88 Energy has advised the following in relation to its oil and gas operations on the North Slope of Alaska. ...
South Africa >>  2/8/2019 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa, notes the announcement dated 7 February 2019 from Total S.A. ("Total...

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