Representatives from the Association of the Petroleum Industry of Kurdistan (Apikur), a lobbying group formed by IOCs operating in Kurdistan, met with officials from Iraq’s Oil Ministry on 8 November in Dubai to discuss resuming oil production and exports “under mutually acceptable terms,” Apikur says.
MEES understands from a senior official close to Iraqi PM Mohammed al-Sudani that several meetings were held prior to this, while a western diplomat says Iraq has offered the IOCs “a profit sharing contract,” similar to the DPC model signed with TotalEnergies at Ratawi (MEES, 10 March). (CONTINUED - 371 WORDS)