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Oil Ministry bars Petrofac from gas project

Oil Ministry bars Petrofac from gas project
Oil Ministry bars Petrofac from gas project

2019-04-17 00:00:00 - Source: Iraq Oil Report

BAGHDAD - The Oil Ministry has ended negotiations with Petrofac over a major gas project, citing a bribery scandal - a setback for the UK-listed oil services company, which is involved in developing some of Iraq's largest oil fields and energy infrastructure.

There is no indication that the ministry is taking action against Petrofac's existing projects in Iraq, or that the company has been placed on a formal blacklist.

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