Iraq announces licensing round for nine exploration blocks
17 Jul 2017
Mr. Jabbar Ali Hussein Al-Luiebi, Iraq's minister of oil, has announced a licensing round for the exploration & rehabilitation projects of nine exploration blocks onshore and offshore Iraq.
Mr. Al-Luiebi said that the development & rehabilitation operations will include the onshore exploration blocks of Khudher Al-Mai, Jebel Sanam and Um-Qasr, which are on the Iraqi - Kuwaiti borderline, and they will also include the rehabilitation of the onshore exploration blocks on the Iraqi - Iranian border, which are Sindbad, Huwaiza, Shihabi, Zurbatia and Naft Khana. And the offshore exploration blocks in the Iraqi regional waters of the Arab gulf.
Mr. Al-Luiebi said that 'according to the contract' the exploration operations will include seismic, drilling of the exploration & evaluation wells, mine & un-exploded bombs removing programs, the crude oil production, the best utilization for the free & associated gas and providing the funding, expertise, technology, equipment, machines and services.
Source: Iraq Ministry of Oil