BAGHDAD (Reuters) – Iraq on Wednesday set a Jan. 31 deadline for international oil companies to register with the oil ministry to compete for licenses to develop its oilfields.
The ministry said tenders would be issued “soon” for oil extraction and service contracts in southern, central and northern Iraq, but only companies which had registered with it would be able to bid.
“Registration of companies … is an obligatory condition to enable them to bid for the service and oil extraction licenses that the ministry intends to issue,” ministry spokesman Asim Jihad told Reuters.
“The companies should send the required documents to the licenses and contracts office in the Oil Ministry either by an officially authorised person or by recorded mail,” the oil ministry said in a statement.
“The deadline for submitting the documentation is Jan. 31,” Jihad said.