VOICED: Iraq prepares for major oil bidding

Iraq presents a significant opportunity for oil giants due to its vast reserves, but the country faces challenges from past conflicts and sanctions. The government seeks foreign expertise to rebuild its oil infrastructure but is cautious about undervaluing its resources. Financial pressures necessitate deals for oilfield development, aiming to double production in five years, requiring substantial investment in infrastructure.

What challenges does Iraq face in developing its oil infrastructure?

What are the implications of foreign companies' involvement in Iraq's oil sector?

How does Iraq plan to benefit its citizens from its oil resources?

What financial pressures is the Iraqi government facing regarding oil production?

What is Iraq's goal for oil production over the next five years?