Senior brain drain looms for Oil Ministry if federal retirement order goes into effect
Order reflects new labor law mandating retirement age of 60 except for ministers.
Abdul Mahdy al-Ameedi, the director general of the Oil Ministry's Petroleum Contracts and Licensing Directorate, at a May 23, 2018 press conference following the signing of a development contract for the East Baghdad oil field with ZhenHua and the Midland Oil Company. Deputy Oil Minister Fayadh Nema, to Ameedi's right, looks on. (STAFF/Iraq Oil Report)
Two of Iraq's four deputy oil ministers, the chief of oil contracts, and nearly a dozen senior Oil Ministry officials are included in the first tranche of officials forced out under a 2019 amendment of a 2014 federal retirement law.
Fayadh Nema, the senior deputy minister in charge of the upstream sector, along with the deputy minister for gas Mutasam Akram, are among 14 named in a Dec. 29 memo seen by Iraq Oil Report.
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