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Article: Iraq : Shell Studies Possible Oil Projects in Iraq.
- Article from:
- TendersInfo
- Article date:
- November 26, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: prashant03
Royal Dutch Shell Plc, Europes largest oil company, is examining possible oilfield projects in Iraq as the nation prepares to issue exploration permits next year, Chief Executive Officer Jeroen van der Veer said today.
Shell may bid for Iraqi fields in the first half of 2009, van der Veer told reporters at a conference in London. Iraq expects to award contracts by June in its first oil-licensing round since the U.S. invasion in 2003, Oil Minister Hussain al- Shahristani said last month.
``Theyve just issued the rules on how to bid, van der Veer said. ``Its quite complicated; we will study that and of course then well make up ...