The Akkas, Mansuriyah and Siba fields are expected to whet the appetite of major players including Shell, Total and Kogas — 15 companies have been shortlisted.
Iraq takes 99.3% of the revenues from its oil and gas field operations, Shahristani said in his keynote address to the Petronas-managed Asia Oil & Gas Conference.
However, this level of government take does not deter some of the industry’s heavy hitters.