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Iraq to Award 30 New Oil and Gas Projects in New Licensing Rounds 

Iraq said it would award 30 new oil and gas projects in its fifth + and sixth licensing rounds. (AFP)
Iraq said it would award 30 new oil and gas projects in its fifth + and sixth licensing rounds. (AFP)
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Iraq to Award 30 New Oil and Gas Projects in New Licensing Rounds 

Iraq said it would award 30 new oil and gas projects in its fifth + and sixth licensing rounds. (AFP)
Iraq said it would award 30 new oil and gas projects in its fifth + and sixth licensing rounds. (AFP)

Iraq, OPEC's second producer after Saudi Arabia, said on Tuesday it would award 30 new oil and gas projects in its fifth + and sixth licensing rounds.

The fifth + licensing round includes 16 new projects, some of which were not awarded in the fifth licensing round and some new projects, the oil ministry official said at the ADIPEC energy conference held in the UAE capital Abu Dhabi.

The sixth licensing round will include 14 projects, he said.

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Saudi Delegation to WEF Meets with Forum Founder and President

The Saudi delegation to the World Economic Forum (WEF) meets with the Forum's Founder and Executive Chairman, Professor Klaus Schwab, and President Borge Brende on Monday. (SPA)
The Saudi delegation to the World Economic Forum (WEF) meets with the Forum's Founder and Executive Chairman, Professor Klaus Schwab, and President Borge Brende on Monday. (SPA)
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Saudi Delegation to WEF Meets with Forum Founder and President

The Saudi delegation to the World Economic Forum (WEF) meets with the Forum's Founder and Executive Chairman, Professor Klaus Schwab, and President Borge Brende on Monday. (SPA)
The Saudi delegation to the World Economic Forum (WEF) meets with the Forum's Founder and Executive Chairman, Professor Klaus Schwab, and President Borge Brende on Monday. (SPA)

Saudi Arabia's delegation to the World Economic Forum (WEF) Annual Meeting 2025 held talks on Monday with the Forum's Founder and Executive Chairman, Professor Klaus Schwab, and President Borge Brende, on the first day of the global event in Davos.

Discussions focused on bolstering the existing cooperation between Saudi Arabia and the Forum while exploring key global economic developments of common interest.

Saudi Minister of Economy and Planning Faisal Alibrahim met on Monday with Chairman of HSBC Holdings, Mark Tucker, on the sidelines of the WEF.

The meeting focused on global financial developments and investment opportunities in Saudi Arabia.

He also me wet with Romania's Minister of Economy, Digitalization, Entrepreneurship, and Tourism, Bogdan Ivan to discuss means to boost Saudi-Romanian economic collaboration.

They exchanged views on global economic developments of mutual concern.

Alibrahim also held talks with Chair of the Berlin Global Dialogue Professor Lars-Hendrik Röller on multilateral international cooperation and global economic development.