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  • 13-01-18

    Iraq selects 26 firms to bid for oil & gas blocks

    (MENAFN) Iraq Oil Ministry has chosen twenty-six companies as eligible to bid for oil and gas blocks in border areas.

    The ministry announced five companies to have just been qualified to contribute in the bidding round, while twenty-one other firms have already chosen.

    While Iraq aspires to develop its output aptitude, it called for foreign companies in November to bid for deals, targeting a growth of oil and natural gas reserves in nine new blocks.

    MENAFN1301201800450000ID1096345139

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