Iraq: Petrobras, Statoil and Nahr Bin Omar oil contractnote

The Iraqi Oil Ministry is reported to have already invited Total, Chevron, Statoil, Sinochem and Petrobras to bid for a project to develop the Nahr Bin Omar oil field. The following 320-word report focuses on the subject and tells whether Petrobras is interested in the project and whether its position depends on Statoil or not. It also tells what Sinochem’s reaction was. Besides, the report tells whether the Oil Ministry intends to invite South Korean oil companies or not.