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Friday, February 20, 2009

Iraq: ENI, Nippon Oil fail to team up for Nassiriya oil contractnote

ENI of Italy and Nippon Oil of Japan are said to have failed to team up to win the Nassiriya oil contract together against Repsol of Spain, although they were too close to do so. The following 344-word report focuses on the issue and tells why ENI and Nippon Oil failed to team up. It also tells where the talks on the contract now stand and what the positions of Iraqi key decision-makers are. Note that ENI, Nippon Oil and Repsol are still bidding for the contract.

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