Hydrocarbon reservoir potential estimated for Iraq bid round blocks

Editor’s note: This article contains material for which attribution is insufficient from Wood Mackenzie’s Iraq Country Overview published by Wood Mackenzie Upstream Service in December 2010. Muhammed Abed Mazeel RWE Dea AG Hamburg Iraq's fourth bid round is scheduled for April 2012, as announced in May 2011. The round will be the first to put forth exploration contracts rather than the technical contracts offered in the previous three rounds. Originally 46 companies qualified for this round, but this is split into operating companies and nonoperating companies that can compete on contracts but only as a partner in a combine that is led by an operating company. Twelve areas are on offer...

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