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Iraq offers nine oil and gas blocks for exploration near Iran, Kuwait borders

Iraq is planning to build a new pipeline that will ship oil from Kirkuk’s oilfields to the Ceyhan port in Turkey. (Reuters)

Updated 26 November 2017

Reuters

November 26, 2017 13:10

Iraq offers nine oil and gas blocks for exploration near Iran, Kuwait borders

Updated 26 November 2017

Reuters

November 26, 2017 13:10

BAGHDAD: Iraq plans to invite foreign energy firms to bid for the exploration and development of nine new oil and gas blocks bordering Iran and Kuwait, the oil ministry said in a statement on Sunday.
Iraq is to hold a press conference on Monday to announce details of the exploration blocks which are located in the south and east of the country and include one offshore block in the territorial waters, according to the statement.