Iraq has selected five additional international oil companies to bid for the development of its Nassiriya oil field and the construction of a new 300,000 barrels per day refinery, the oil ministry said.
The project is part of plan
Iraq has selected seven international oil companies (IOCs) to bid to develop its Nassiriya oilfield and build a refinery as part of plans to expand the country's downstream operations, the oil ministry said.
Four international oil companies have shown interest in developing the Nassiriya oilfield and Iraq may hold a mini-auction for the field, a senior oil official said on Sunday.
Iraq has made a number of attempts to reach agreement with fore
Iraq plans to develop the Nassiriya oilfield on its own after talks with a Japanese group led by Nippon Oil Corp reached a dead end, the head of Iraq's South Oil said on Sunday.
Nippon and its partners, oil explorer Inpex Corp and engineer
Representatives of Japan's Nippon Oil Corp will visit Iraq next week to finalise a long-awaited deal to develop Iraq's giant Nassiriya oilfield, Deputy Oil Minister Ahmed al-Shamma said on Tuesday.
Iraqi officials have said they ha
Nippon Oil of Japan and partners have obtained a basic agreement to develop Iraq's huge Nassiriya oil field, Japan's Kyodo news agency said on Tuesday, citing sources involved in the negotiations.
The group and Iraq have signed a m
Iraq hopes to reach a decision in less than a month on the engineering, procurement and construction contract for the huge Nassiriya oilfield, the country's oil minister said.
Leading Japanese refiner Nippon Oil, together with oil expl
Iraq is still negotiating with Japan's Nippon Oil Corp and ENI of Italy over the huge Nassiriya oilfield, Iraqi oil officials said Wednesday, contradicting a Japanese report a decision had been made.
Deputy Oil Minister Ahmed al-Shamma
Iraq is in the final stages of studying bids from Japan's Nippon Oil, Italy's Eni and Spain's Repsol, and plans to announce the winner of a deal to develop its Nassiriya oilfield by the end of May, a senior oil official said on Wednesd