Iraq to make gas exploration deals more lucrative

The concessions come after the country held a disappointing auction for oil and gas exploration blocksIraq will make future energy exploration contracts more lucrative in a bid to lure a greater number of foreign firms to auctions for exploration blocks, a spokesman said on Sunday.


Related Posts

  • Iraq opens energy auction finale with two deals31 May, 2012 -- Iraq opens energy auction finale with two deals
    Iraq on Thursday opened the last day of a landmark sale of energy exploration blocks by awarding two contracts, already better than a poor start that dampened its hopes of cementing its role as key global supplier.
  • Iraq offers 12 oil and gas blocks at auction30 May, 2012 -- Iraq offers 12 oil and gas blocks at auction
    Iraq on Wednesday put up for sale a dozen oil and gas exploration blocks at the start of a two-day auction it hopes will boost its reserves and strengthen its position as a key producer.
  • Iraq awards gas field contracts20 October, 2010 -- Iraq awards gas field contracts
    Iraq has awarded contracts for international oil companies to develop three major gas fields in different parts of the country.
  • French oil group Total signs deal in Iraqi Kurdistan31 July, 2012 -- French oil group Total signs deal in Iraqi Kurdistan
    French energy giant Total said Tuesday it had signed an oil exploration deal in the Kurdistan region in Iraq's north, a move likely to put it at odds with the central government in Baghdad.
  • Iraq Begins Oil and Gas Auction30 June, 2009 -- Iraq Begins Oil and Gas Auction
    An auction of licenses to develop Iraq’s oil reserves began but seemed to run into difficulties when companies demanded far more remuneration than the authorities were ready to pay.
The Source Article

Leave a Reply