Iraq could re-offer deals to develop up to five oilfields, an Iraqi oil official said on Wednesday, after just one contract to exploit the country's large hydrocarbon reserves was awarded in a June auction.
A decision on whether to re-offer the fields is due to be taken by October or November, said Sabah Abdul Kadhim of Iraq's Petroleum Contract and Licencing Directorate.
"The Oil Ministry is studying whether to re-offer some of the fields to give qualified oil firms a second chance," he told the news agency Reuters, but declined to give details on whether terms of the long-term development contracts would be different.
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