Iraq Unveils Oil, Gas Exploration Auction Details

From Reuters

Baghdad unveiled on Friday a list of signing bonuses and the final contract for a forthcoming energy auction, the latest stage in a bold oil expansion plan that moves on from developing existing oilfields to searching for new reserves.

After targeting production capacity in three post-war licensing rounds, Baghdad is now focusing a fourth tender mostly on finding gas in remote parts of western and central Iraq.

Click here to read more

© 2013 Energy Tribune

Scroll to top