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Revealed: Iraq announces details of oil and gas licensing round

Iraq’s Ministry of Oil has unveiled the locations of the 11 exploration sites for the sixth licensing round, clarifying the eligibility criteria for participating companies, according to press reports.

All the exploratory sites for this licensing round are located in the western region.

Muhammad Al-Saadi, Assistant Director General of the Petroleum Contracts and Licenses Department at the Ministry said that these sites are mostly unexplored and cover an expansive area ranging from 6,000 to 9,000 square kilometers.

Al-Saadi further highlighted that the gas produced from these blocks will be utilised for energy generation, industrial development, and the advancement of nearby governorates, according to Iraqi news Agency

It added that the sites are strategically positioned near the Iraqi-Syrian and Iraqi-Saudi borders, away from urban centers.

The following locations have been designated for exploration:

  • Tal Al-Hajar (Nineveh governorate)
  • Al-Khalisiya (Nineveh and Al-Anbar governorates)
  • Al-Anbar District (Al-Anbar governorate)
  • Patch of Anna (Anbar governorate)
  • Raqat Al-Anz (Al-Anbar governorate)
  • Ukashat (Al-Anbar governorate)
  • North of Al-Rutba (Al-Anbar governorate)
  • South of Al-Rutba (Al-Anbar governorate)
  • Tubal (Al-Anbar governorate)
  • Raqat Al-Walid (Al-Anbar governorate)
  • Al-Qurainan (Al-Anbar and Al-Najaf governorates)

The ministry of oil has extended an invitation to specialised international companies interested in participating in the exploration, development, and production activities of these projects.

Interested companies are encouraged to officially submit their applications to the Ministry of Oil’s Petroleum Contracts and Licensing Department for a chance to secure one or more exploration opportunities.