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Weatherford pledges to obey Baghdad’s blacklist and exit Kurdistan

Weatherford pledges to obey Baghdad’s blacklist and exit Kurdistan
Weatherford pledges to obey Baghdad’s blacklist and exit Kurdistan

2022-09-19 00:00:00 - From: Iraq Oil Report


Workers operate a Weatherford drilling rig at the Garraf oil field. (STAFF/Iraq Oil Report/Metrography)

BAGHDAD - Iraq’s Oil Ministry has removed four oil services firms from a blacklist, including U.S. company Weatherford, after they agreed not to seek new contracts in Iraqi Kurdistan — the latest development in the federal government's campaign to exercise control over the semi-autonomous region's energy sector.

The director general of the state-run Basra Oil Company (BOC), Hassan Hassan, communicated the ministry's decision in a letter dated Sept. 9 to "All Lead Contractors" at oil projects throughout Basra. Iraq Oil Report obtained a copy of the letter and confirmed its authenticity with an Oil Ministry official.

Weatherford pledges to obey Baghdad’s blacklist and exit Kurdistan
Weatherford pledges to obey Baghdad’s blacklist and exit Kurdistan