Iraqâs 11-block E&P round was held yesterday, units located on Iraqâs borders with Kuwait and Iran:  Crescent secured the Gilabat, Khidhr Almaa + Khashm Al Amar blocks with bids of 9.21%, 13.75% + 19.99% net revenue (profit oil) share resp. Geo-Jade Petroleum Corp got the Naft Khaneh + Huwaiza blocks (14.67% 7.15%), United Energy Grp the Sindbad block (4.55%). The Zurbatiya, Shihabi, Jabal Sanam, Fao + Arabian Gulf (offshore) blocks failed to attract offers and remain unallocated.
Iraq, not found