The Iraqi government awarded exploration and development rights for five additional oil and gas fields to Chinese companies on Sunday, May 12, 2024. This brings the total number of licenses secured by Chinese firms to ten since the bidding process began the previous day. A solitary Iraqi Kurdish company, KAR Group, also secured bids for two separate fields.
Iraq
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In a shocking turn of events, the Khor Mor gas field in Kurdistan, Iraq, has been forced offline due to a series of drone attacks, resulting in tragic loss of…