Middle East Economic Survey

VOL. XLVII

No 42

18-October-2004

IRAQ

Ivanhoe Energy Signs MOU For Study Of Iraq’s Qayara Oilfield

Ivanhoe Energy (Middle East), a subsidiary of Canada’s Ivanhoe Energy, announced on 13 October that it had signed a memorandum of understanding (MOU) with Iraq’s Ministry of Oil to study and evaluate the shallow Qayara oilfield west of Kirkuk. According to the company, the field’s reservoirs contain a large proven...