Wednesday, November 23, 2011

Foreign Oil Companies Operating In Iraq (UPDATED Nov. 2012)


Companies With Contracts With Baghdad
  • Angola: Sonangol – 2 licenses
  • China: China National Petroleum Corporation – 3 licenses
  • England: British Petroleum – 1 license
  • England-Holland: Royal Dutch Shell – 2 licenses
  • France: Total – 1 license
  • Italy: Eni – 1 license
  • Japan: Inpex – 2 licenses, Japex – 1 license, JGC Corporation – 1 license, Nippon Oil – 1 license
  • Kuwait: Kuwait Energy – 3 licenses
  • Malaysia: Petronas – 4 licenses
  • Norway: Statoil Hydro – 1 license - Withdrew from Iraq 2012
  • Pakistan - Pakistan Petroleum - 1 license
  • Russia: Gazprom – 1 license, Lukoil – 2 licenses
  • South Korea: Korea Gas Corporation – 3 licenses
  • Turkey: Turkish Petroleum Corporation  – 4 licenses
  • U.S.: Exxon Mobil – 1 license, Occidental Petroleum – 1 license
  • UAE - Dragon Oil - 1 license

Companies With Contracts With Kurdistan Regional Government
  • Abu Dhabi: National Abu Dhabi National Energy Company - 1 license
  • Australia: Oil Search Limited - 2 licenses
  • Austria: OMV - 4 licenses
  • Canada: Talisman Energy - 3 licenses, Shamaran Petroleum - 3 licenses, Forbes and Manhattan - 2 licenses, Western Zagros - 1 license, Longford Energy - 1 license, Groundstar - 1 license, Niko Resources - 1 license
  • China: SINOPEC - 3 licenses
  • England: Gulf Keystone Petroleum - 4 licenses, Sterling Energy - 1 license
  • France: Perenco - 1 license, Total - 3 licenses
  • Hungary: MOL - 2 licenses
  • India: Reliance - 1 licenses
  • Moldova: Komet Group - 2 licenses
  • Norway: DNO - 3 licenses
  • Russia: Norbest - 1 license, Gazprom - 2 licenses
  • South Korea: Korea National Oil Corporation - 5 licenses, SK Energy - 1 license, Korea Electric Power Corporation - 1 license, GS Holding - 1 license, Samchully - 1 license, Daesung Group - 1 license, Majuko - 1 license, UI Energy - 1 license
  • Turkey: Genel Enerji - 9 licenses, PETOIL - 4 licenses
  • Turkey-England: Dogan Holding - 2 licenses
  • UAE: Dana Gas - 2 licenses, Crescent - 2 licenses
  • U.S.: Prime Natural Resources - 2 licenses, Marathon Oil - 1 license, Murphy Oil – 1license, Hillwood - 1 license, Texas Keystone - 1 license, Aspect Energy - 1 license, Hunt Oil - 1 license, Exxon Mobil - 1 license, Chevron - 1 license

5 comments:

American said...

That is some very interesting information. Where did you obtain it? I feel like this is information that is not readily available. I'm glad to know that it is available.

Joel Wing said...

Just from different reports. There was a list of companies doing business in Kurdistan for instance in a report by the Special Inspector General for Iraq Reconstruction. Most of the contracts signed with the Oil Ministry came from two bidding rounds in 2009, which I covered when they happened.

Anonymous said...

“The bottom line is that it seems clear that the majority of Iraqis want their oil and its operations to remain in Iraqi hands,” said Juhasz. “Thus far, it has required a massive foreign military invasion and occupation to grant the foreign oil companies the access they have thus far garnered.”

These "licenses" involve less than 40 cents per barrel. Beleive me, untill the US says so, nobody gets oil from Irak but the big 5. And free. It is called reconstruction payments.

I am glad to see our propaganda money was well spent. You seem to beleive some of it.

Your, Gaius Julius Ceasar

Joel Wing said...
This comment has been removed by the author.
Joel Wing said...

Anon

I don't think you have any idea how Iraq has developed its oil industry post-2003.

It signed a number of production sharing agreements with foreign oil companies in 2009 that keep most of the profits with the government. Not only that but the bids that the oil companies put in were won based upon them offering the lowest possible profits and highest production numbers. Today all of those businesses are trying to re-negotiate their contracts because they're afraid they won't make any money from them.

As for your comment that "nobody gets oil from Irak but the big 5" just look at the list. There's far more than 5 majors operating in Iraq.