Last updated: December 14, 2009 2:49 pm
In a two-day event that started under heightened security on Friday, Iraq held an auction to assign the rights to develop 10 of its biggest largely undeveloped oil and gas reservoirs. The current auction follows a previous one in June in which six oil fields and two gas fields initially yielded only one sale.
Iraq’s first major oil deal with a foreign firm since the fall of Saddam Hussein was Chinese state oil group CNPC’s $3bn project to develop the al-Ahdab field, agreed in June 2008.
See the available oil and gas fields on the interactive map below, and click on the individual fields in the left-hand panel to find out which companies are bidding and how their negotiations with the Iraqi oil ministry have progressed. The graphic will be updated as the individual auctions are formally concluded.
Related link: Shell and Petronas win Iraq oilfield contract
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