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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq begins auction of exploration and development contracts for oil and gas concessions

    rocky
    rocky
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    Iraq begins auction of exploration and development contracts for oil and gas concessions Empty Iraq begins auction of exploration and development contracts for oil and gas concessions

    Post by rocky Thu 26 Apr 2018, 5:39 am

    [ltr]Iraq begins auction of exploration and development contracts for oil and gas concessions[/ltr]
    [ltr]Economie[/ltr]
     Since 2018-04-26 at 13:21 (Baghdad time)
    [ltr][You must be registered and logged in to see this image.][/ltr]
    [ltr]Baghdad Mawazine News[/ltr]
    [ltr]An Iraqi oil ministry official said on Thursday that the auction of exploration and development contracts to international energy companies had begun.[/ltr]
    [ltr]Iraq is offering 11 new exploration sites in the border areas with Iran, Kuwait and Gulf waters.[/ltr]
    [ltr]Iraq's oil ministry announced on Wednesday that Iraq would bid for contracts to explore oil and gas in 11 concessions parallel to the border with Iran and Kuwait and in marine areas in the waters of the Gulf.[/ltr]
    [ltr]The new contracts are set to include a time frame for companies to stop gas burning from their oilfields.[/ltr]
    [ltr]Iraq is the second largest producer of the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia.[/ltr]
    [ltr]Companies such as BP, Exxon Mobil, Eni, Total, Royal Dutch Shell and Lukoil helped Iraq boost production in the last 10 years by more than 2.5 million barrels per day to about 4.7 million bpd. Ending 29 / Mn[/ltr]


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