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Iraq Qualifies 41 Oil Companies for Energy Bidding

Written by Investing News Network
|
Aug. 08, 2011 12:55PM PST

Washington Post reports that Iraq has qualified 41 international oil companies to compete in the fourth international exploration licensing round in January.

Washington Post reports that Iraq has qualified 41 international oil companies to compete in the fourth international exploration licensing round in January.

The market news is quoted as saying:

Iraq is offering exploration rights to 12 mostly gas fields, and the list of companies released Monday by the oil ministry shows many of the same oil giants who won rights to other fields in earlier licensing rounds, such as Exxon Mobil, Chevron, BP and Royal Dutch Shell.

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