By JERUSALEM POST STAFF
Oil Minister Hussain al-Shahristani will meet Monday in London with representatives of international oil companies for the country's first round of bidding for new contracts since the US-led invasion in 2003, his spokesman said.
Last April, the war-torn country chose 35 oil companies out of the 120 that applied to participate in the bidding round to develop six major oil fields and two gas fields.
Topping the list are the world's oil giants: Royal Dutch Shell PLC, BP PLC, ExxonMobil Corp., Chevron Corp. and Total.
Later, six state-run oil companies were added to the list and a British company was dropped since it did not submit the required documents.
The prequalification process covered legal, financial, technical, training, and health and safety aspects. A variety of documents such as tax, legal and work records, including lists of upstream projects for the past five years, production rates and investments, had to be presented.
Ministry spokesman Assem Jihad said that the purpose of London's meeting is to present the international oil companies with data and details for fields on offer which were announced end of June and the forms of the contracts.
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