Iraq launches a new licensing round to develop oil and gas fields

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Iraq launches a new licensing round to develop oil and gas fields

Today, Saturday, the Service of Oil declared a contest between the organizations applying for the ventures connected to the fifth permitting round and the 6th authorizing round, which incorporate oil and gas fields.

The Service expressed in an explanation got by “The main day will incorporate the declaration of the triumphant organizations for the fields (East Baghdad Field – Northern Expansions, Dimah Field – Maysan – Center Euphrates Field – Akashat – Al-Faw – Al-Anz – Tal Hajar – Bulkhana – Ana).” .

The new round incorporates authorizing contracts in which global organizations will contend that have recently been exposed to assessment and study for capability by the Service to enter the opposition to win interest in these fields and investigation blocks.