Payment Card information

Cardholder Name

Card Number

Expiry Month

Expiry Year

CVV

45credits

Are you seeking a comprehensive overview of the latest developments?

Explore Subscriptions >>

Related Topics

Browse all published reports >>
45credits

Wednesday, June 12, 2024

Iraqi Oil and Gas: China’s success at the expense of the Westnote

The Iraqi Ministry of Oil announced last month (13/5/2024) the results of the oil and gas licensing round for 29 oil and gas fields.

Chinese companies obtained a number of these licenses at the expense of U.S. companies and ADNOC.

Iraqi Prime Minister Mohammad Shia Al-Sudani believes there are several reasons why China is enjoying success in the country more than the West.

This note delves into the following key aspects:

- Al-Sudani views on the results of the licensing round

- The reasons behind China’s success

- U.S. companies excuses for not winning any bids

- Why did ADNOC fail to win an offer?


SUBSCRIBE TO THE DAILY NEWSLETTER

Join our community to receive regular updates on the latest developments in the region and stay ahead of the curve. Know More