Iraq 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.
31 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.
30 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.
20 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.
31 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.
30 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.