Iraq reconsiders no-bid contracts

07/17/2008 | Bloomberg

Iraq may not award "no-bid" technical service contracts because the contracts may get in the way of this year's oil and natural gas licensing round. Iraq's Oil Ministry was in talks with ExxonMobil, Royal Dutch Shell, Chevron Corp., BP and Total SA for technical service contracts, but these contracts would have to be voided once contracts are awarded in the bidding round.

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