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Iraq field contracts imminent: report

A report in Dow Jones Newswires suggests the Iraqi government will soon announce which internatio...

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Citing the head of Iraq’s State Company for Oil Projects, Ahmed al-Shammaa, the report stated, “Two upstream contracts for the development of the Khormala Dome, in northern Iraq near Kirkuk, and Hemrin, northeast of Baghdad, were discussed in Amman this week with international energy firms.”

“In light of these discussions, companies will submit new offers concerning the development of the two fields and we are expected to sign contracts [in November],” added the official.

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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