Iraq unveils details for new bidding rounds
In an effort to attract foreign investors to its upcoming licensing rounds, the Oil Ministry is adding more projects and better contractual terms.
Iraqi Oil Minister Hayyan Abdulghani (center) applauds on Oct. 15, 2023, as representatives of the Oil Ministry and the UAE's Crescent Petroleum conclude agreements to activate contracts awarded in Iraq's fifth licensing round. (Photo credit: Oil Ministry)
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