Petrel

Petrel calls for Reform of Iraqi Oil Contracts

By John Lee. Petrel Resources has said that Iraq’s Ministry of Oil should negotiate Production Sharing Agreements to replace the existing service contracts, as, “this would better align the interests of the parties, and create more wealth, value-added in downstream industries like refined products and petrochemicals, infrastructure and employment for Iraq.” In its unaudited interim […]

The post Petrel calls for Reform of Iraqi Oil Contracts first appeared on Iraq Business News.

Iraqinews September 28, 2022

Petrel to submit proposals to Incoming Iraqi Administration

By John Lee. Petrel Resources has said its Iraqi business is being “re-galvanised” (sic), with data bases being updated, and updated proposals submitted to the incoming administration. In its audited results for the year ended 31st December 2021, the company said it is strengthening its Iraqi team, and has invested heavily in the training and […]

The post Petrel to submit proposals to Incoming Iraqi Administration first appeared on Iraq Business News.

Iraqinews June 29, 2022