Iraq had invited IOCs to bid on new development deals. But now state companies will handle some of those fields, and Iraq will delay contracting others until next year. Oil Minister Jabbar al-Luiebi (center) meets with other senior Oil Ministry staff. (Source: Oil Ministry) The Iraqi Oil Ministry said it is revising its plans announced last month to put up 12 oil fields for foreign oil company development.In a statement issued Thursday, the ministry’s Petroleum Contracts and Licensing Directorate said it would announce the new plans in the middle of next year.”The Oil Ministry declares that there are some substantial changes, in which some of those fields shall be developed by the national efforts and other fields will be included in the project,” the state…