Sixteen companies—including Big Oil’s Exxon, Chevron, and Total—have expressed interest in taking part in Iraq’s bidding round on April 15, which will award the rights to develop 11 oil and gas fields in OPEC’s second-biggest producer who is looking to grow its production capacity. Apart from Exxon, Chevron, and Total, the other interested bidders are Eni, Lukoil, Gazprom, Zarubezhneft, Petroliam Nasional Bhd, Oil & Natural Gas Corp, CNOOC, Geo-Jade Petroleum Corp, China ZhenHua Oil Co, United Energy Group Ltd, Dana Gas, Crescent Petroleum, and Dragon Oil Plc, according to a document by the Oil Ministry distributed on Thursday. Iraq will be looking to award service contracts on the same day of the bidding round to companies to develop onshore and offshore oil and gas fields along Iraq’s borders with Kuwait and Iran, Bloomberg quoted Abdul Mahdy Al-Ameedi, the Iraqi Oil Ministry’s director-general for upstream oil contracts, as saying on […]