Iraq and Gulf Analysis

The First Licensing Round Gets off the Ground: The Politics of Oil in Iraq

Posted by Reidar Visser on Sunday, 28 June 2009 16:00

On 29 and 30 June, major international oil companies are expected in Baghdad for the “first licensing round”, where they will submit bids for 20-year technical service contracts for some of Iraq’s biggest existing oil fields (including West Qurna, Rumaila and Zubair in the Basra area, as well as Kirkuk and Bai Hassan in Tamim governorate) and gas fields in Diyala and Anbar. The awards will be announced shortly after the IOCs have presented their bids… Full story here.

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