BAGHDAD - Iraq's Oil Ministry will finalize deals later this month with foreign energy firms for its Majnoon, Gharaf, Qayara and Najmah oilfields, a ministry official said on Sunday.
Sabah Abdul Kadhim, the head of the legal section of Iraq's Petroleum Contracts and Licensing Directorate, said the ministry would sign a final service contract for supergiant Majnoon, which was awarded to Royal Dutch Shell (RDSa.L) and Malaysia's Petronas PETR.UL in a December energy auction, on January 17.
On January 18, it will sign a deal for smaller field Gharaf with Petronas and the Japan Petroleum Exploration Co (Japex) (1662.T). On January 26, the ministry will sign with Angola's Sonangol for northern Qayara and Najmah fields, he said.
Kadhim also said that a delegation from Nippon Oil Corp (5001.T) would meet Iraqi officials on January 24 in a bid hopefully to complete long-running talks over Nassiriya oilfield. He said the talks would not be easy.
Sabah Abdul Kadhim, the head of the legal section of Iraq's Petroleum Contracts and Licensing Directorate, said the ministry would sign a final service contract for supergiant Majnoon, which was awarded to Royal Dutch Shell (RDSa.L) and Malaysia's Petronas PETR.UL in a December energy auction, on January 17.
On January 18, it will sign a deal for smaller field Gharaf with Petronas and the Japan Petroleum Exploration Co (Japex) (1662.T). On January 26, the ministry will sign with Angola's Sonangol for northern Qayara and Najmah fields, he said.
Kadhim also said that a delegation from Nippon Oil Corp (5001.T) would meet Iraqi officials on January 24 in a bid hopefully to complete long-running talks over Nassiriya oilfield. He said the talks would not be easy.
