Bidding commences on 24 oil wells

BAGHDAD / IraqiNews.com: Bidding has started to get production licenses of 24 oil wells through the Iraqi Ministry of Oil, an expert in the industry said on Saturday, explaining that the process will be concluded next June. “International companies can participate in bidding,” Dr. Abdeljabbar al-Halfi told IraqiNews.com news agency. He explained that “the ministry did not yet reveal whether the licenses will be for service or partnership.” MH (P) / SS 1