The Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdel-Ghani announced the invitation of international companies specialized in exploration, development and production activities wishing to participate in the competition for investment opportunities within the fifth licensing round appendix, which includes (13) exploration fields and sites distributed in the northern, central and southern governorates.
Abdel-Ghani said that the announcement of the supplement to the fifth licensing round (+5) complements what was announced by the Ministry in 2018 regarding the fifth licensing round and what followed in February of this year 2023 in concluding contracts with the winning companies in the fifth licensing round to develop a number of fields and exploratory border sites in the governorates.
He added, “the Ministry aims from this round to enhance oil and gas production and reserves, and to encourage investment in the oil sector in cooperation with international companies specialized in developing oil and gas fields and sites by inviting them to participate in the competition process in the new round complementary to the fifth licensing round, which includes (13) thirteen oil and gas fields and sites, including (4) four blocks or exploration sites that were not referred in the fifth round in 2018, in addition to (9) nine new fields and sites, which were added to the appendix of this round,
it includes the following exploration fields, sites and blocks:
1. Al-Faw area – Basra Governorate. 2. Mount Sanam area – Basra Governorate. 3. Al-Shihabi patch – Maysan and Wasit governorates. 4. Zurbatiya District – Wasit Governorate. 5. Al-Dimah field – Maysan Governorate. 6. Qalaat Saleh area – Maysan Governorate. 7. East Baghdad field – northern extensions – Baghdad and Salah al-Din governorates. 8. Al-Dhafriya field – Wasit Governorate. 9. Allan Field – Nineveh Governorate. 11. Sasan Field – Nineveh Governorate. 11. Balkana Field – Salah Al-Din Governorate. 12. Abu Khaima field – Basra Governorate. 13. The fields of the Middle Euphrates (Al-Kifl, West Al-Kifl, and Marjan).
The Minister of Oil stressed adherence to the government’s approach, and the directives of the honorable Prime Minister, to increase oil and gas reserves, sustain and increase national production of crude oil and free gas, and treat gas associated with oil operations and turn it into wealth and productive and useful energy that covers local needs, especially for electric power stations and industry. Petrochemicals, fertilizers, etc., and exporting its surplus to global markets, to achieve financial revenues that supplement the state treasury, in support of the national economy and sustainable development, as well as the advancement of the economic reality of our dear provinces in the north, center, and south, and the provision of job opportunities for its people.
For his part, the Spokesman for the Ministry of Oil, Assem Jihad, said that the Ministry called on international companies specialized in exploration, development and production activities wishing to participate in the competition for investment opportunities within the fifth licensing round appendix to submit their requests formally to the Ministry of Oil / Petroleum Contracts and Licensing Department and on the website dg_pcld@oil .gov.iq no later than the end of the official working hours on June 15, 2013, and also to review the procedures and conditions required, for the purpose of participating in this round, after passing the pre-qualification process according to the standards approved by the Ministry of Oil, especially for companies that did not undergo the pre-qualification process,
Source: National Iraqi News Agency