Iraq plans roadshow for second oil auction

Iraq's Oil Ministry will hold a roadshow in Istanbul next month to brief international companies on a list of oil and gas fields to be offered later this year in a second licensing round for long-term development contracts, according to a statement posted on the ministry's website on Sunday.

"The roadshow will be in Istanbul on Aug. 25, 2009 at the Intercontinental Hotel," the ministry said in a statement issued by the Petroleum Contracts and Licensing Directorate (PCLD).

The PCLD issued a final list of fields in its second post-war licensing round, listing 10 projects - including the prized and largely untapped fields of Majnoon and West Qurna phase II. The new list excluded the southern Siba gas field.