Iraq’s oil ministry on 28 February announced “a court decision to close the fifth licensing round [5LR] investigation.”
This is a reference to Iraq’s 2018 bidding round focused on non-associated gas development (MEES, 30 March 2018). Eni was the only large IOC to bid, with the fields won by Sharjah’s Crescent Petroleum, Chinese minnow Geo-Jade and Hong Kong-listed United Energy Group (UEG). (CONTINUED - 370 WORDS)