Weatherford pledges to obey Baghdad’s blacklist and exit Kurdistan
The U.S. company joins a growing list of blue-chip oil services firms bowing to the Oil Ministry's pressure campaign against the KRG energy sector.
Workers operate a Weatherford drilling rig at the Garraf oil field. (STAFF/Iraq Oil Report/Metrography)
BAGHDAD - Iraq’s Oil Ministry has removed four oil services firms from a blacklist, including U.S. company Weatherford, after they agreed not to seek new contracts in Iraqi Kurdistan — the latest development in the federal government's campaign to exercise control over the semi-autonomous region's energy sector.
The director general of the state-run Basra Oil Company (BOC), Hassan Hassan, communicated the ministry's decision in a letter dated Sept. 9 to "All Lead Contractors" at oil projects throughout Basra. Iraq Oil Report obtained a copy of the letter and confirmed its authenticity with an Oil Ministry official.
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