Middle East Economic Survey


No 10


International Oil Firms Eye Iraqi Prize

International oil companies (IOCs) are flocking for the chance to get involved in Iraqs first upstream bidding round. Despite the considerable challenges, Baghdad is planning to both launch the development round and conclude a series of Technical Support Agreements (TSAs) with majors by end-June, as Rafiq Latta reports.

One hundred and fifteen companies have submitted prequalification documents for the...