MESOP : JOINT DRILLING IRAN & IRAQ – Iran-Iraq border fields are investment targets

Iraq is looking for international oil companies to play a large role in renewed plan for fields on border with Iran.

Iran-Iraq border fields are investment targets – An Iraqi oil worker waves in protest at a well at the Fakka oil field on Dec. 25, 2009, during a tour by journalists. Iran had temporarily taken over part of the field, in Missan province. (

By JEWDAT AL-SAI’DI, BEN LANDO & ADAM AL-ATBI of Iraq Oil Report

Published Wednesday, April 20th, 2016 – Iraqi oil officials appear to have restarted a plan to jointly develop fields on the border with Iran now that many international sanctions are being lifted.The Oil Ministry is targeting three fields – one each in Basra, Missan and Diyala provinces – in this initial attempt to exploit cross-border fields, in a way that maximizes benefits and reduces the potential for political disputes.The ministry wants to establish joint venture agreements, including international partners, to gov… http://www.iraqoilreport.com/news/iran-iraq-border-fields-investment-targets-18682/?utm_source=IOR+Newsletter&utm_campaign=f8683c292d-Email_Update&utm_medium=email&utm_term=0_f9870911e6-f8683c292d-192857697