Iraq Signs Oil Agreement with Chevron
Iraq’s Basra Oil Company and Dhi-Qar Oil Company have signed a memorandum of understanding with Chevron for studies and seismic surveys on oil activities in the country.
Iraq’s Basra Oil Company and Dhi-Qar Oil Company have signed a memorandum of understanding with Chevron for studies and seismic surveys on oil activities in the country.
Iraq has postponed its bidding session for 11 new blocks until April 25, the bidding round was originally planned to take place on April 15.
Some 16 companies, including Exxon, Chevron, and Total, have expressed interest in 11 Iraqi oil and gas fields, the bidding for which takes place on April 15.
Chevron Corporation, the US Oil Company, has restarted its drilling operations in the Kurdistan region of Iraq (KRI).
Chevron and Total have expressed interest in taking over Royal Dutch Shell’s operations at the Majnoon oilfield.