Irish gas company to tender for Iraqi oil fields

Petrel Resources, the Clontarf-based oil and gas exploration company, is due to submit tenders to develop three oil fields in Iraq - Kirkuk, Hamrin and Subba/Luhais.

These tenders will be submitted in March, April, and May respectively. Both Kirkuk and Hamrin have proven reserves, and Subba has surface engineering in place, but there is extensive damage.