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Iraq seeks minority partners to develop massive Mansuriya gas field via state company

Iraq seeks minority partners to develop massive Mansuriya gas field via state company
Iraq seeks minority partners to develop massive Mansuriya gas field via state company

2019-08-31 00:00:00 - Source: Iraq Oil Report

Iraq's Oil Ministry is tasking the state-run Midland Oil Company (MdOC) to develop the Mansuriya field, estimated to hold 4.5 trillion cubic feet of natural gas, after unilaterally terminating a contract with the previous consortium, led by the Turkish Petroleum Corp. (TPAO).

The ministry is looking for international oil companies to take a minority stake in the project, which could ultimately produce as much as 300 million standard cubic feet per day (scf/d) of natural gas, according to an August 2019 letter from the Petroleum Contracts and Licensing Directorate (PCLD), which was obtained by Iraq Oil Report.

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