Iraq Approves Oil Exploration Deal with Kuwait Energy

Source: www.gulfoilandgas.com 1/13/2013, Location: Middle East

The Iraqi ministry of oil declared for the date to sign the final form of the contract to rehabilitate the 9th exploratory area, and the date will be in the 27th of January 2013, and it is worthy to mention that, the council of ministers agreed for the contract in January the 8th of 2013.

Mr. Assim Jihad the spokesman of the oil ministry said that, the oil ministry will sign the contract with the consortium of Kuwait Energy & Dragon the Emirati whom wan the contract in the 4th licensing round of the exploratory areas. And this contract signature will be the fourth for the areas (8, 9, 10 & 12), which was offered, in the 4th licensing round.

It is worthy to mention that the 9th area 900 square kilometers with carbonic prospects (oil) is located in Basra governorate and the consortium offered 6, 24 dollars per barrel.


Qatar >>  6/20/2022 - ConocoPhillips has been chosen by Qatar Energy as a partner in the North Field East (NFE) expansion project, the single largest project in the LNG ind...
Qatar >>  6/19/2022 - QatarEnergy has chosen Eni as a new international partner in the North Field East expansion project.

The Minister of State for Energy Affai...


Australia >>  6/16/2022 - Key Petroleum Limited attaches herewith an ASX Announcement containing an update on the sale of its remaining 50% interest in Production Licence L7 an...
Russia >>  6/16/2022 - Enel S.p.A. ("Enel") informs that the agreements related to the sale of its entire stake in the share capital of PJSC Enel Russia (“Enel Russia”) have...

United States >>  6/16/2022 - PCT LTD (“PCTL”), the parent holding company to Paradigm Convergence Technologies Corp., a company focused on acquiring, developing, and providing sus...
United States >>  6/16/2022 - Recurrent Energy, LLC ("Recurrent"), a wholly owned subsidiary of Canadian Solar Inc. ("Canadian Solar") announced the acquisition of two standalone e...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.