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2005-02-23 Iraq-Jordan
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First Iraqi Oil Contracts Awarded: Turkey and Canada. Sorry Ireland.
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Iraq has awarded its first oil development contracts since the fall of the Saddam Hussein regime.
The Oil Ministry has awarded development contracts to companies from Canada and Turkey. Turkey's Everasia was awarded a project to develop the Khurmala Dome oil field in northern Iraq. Canada's Ironhorse Oil and Gas was selected to develop Himrin field.
Officials said the awards required Cabinet approval. Everasia was said to have beaten Ireland's Petrel Resources.
The projects would include the construction of flow lines, gas separation stations in an effort to increase production at these sites.
Officials said the Oil Ministry sought to produce 100,000 barrels of oil per day at Khurmala. 
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Posted by Anonymoose 2005-02-23 8:13:50 PM||
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