FACTBOX: Iraqi oilfield deals in the pipeline

(Reuters) - Iraq awarded another seven oilfield contracts after holding a two-day auction, setting it on a path to boost production to a world-class 12 million barrels per day in six years, according to the oil minister.

There are also a couple of other smaller deals in the pipeline that are being negotiated separately from the bidding rounds held in June and December.

Here are details on all the deals Iraq is pursuing.

* WEST QURNA PHASE TWO

Russian energy giant Lukoil and Norway's Statoil won the rights in Iraq's second contract auction to West Qurna Phase Two, a 12.9 billion barrel supergiant oilfield in the south of the country.

The partners agreed a remuneration fee of $1.15 per barrel, saying they believed they could make a profit off that, and pledged to take production to a plateau of 1.8 million bpd.

Lukoil, which has an 85 percent stake in the venture, has been trying since the 2003 U.S. invasion to revive a Saddam Hussein-era deal to develop the oilfield.

* GHARAF

A smaller oilfield with 900 million in reserves, Gharaf was won by Petronas of Malaysia and the Japan Petroleum Exploration Co (Japex) in a fierce competition in the second round.

The companies, whose share of the venture is split 60-40, proposed a fee of $1.49 per barrel and set a plateau production target of 230,000 bpd.

* BADRAH

Badrah oilfield near Iraq's border with Iran, a 100-million-barrel reservoir, went to a group led by Russia's Gazprom. Gazprom, with a 40 percent stake, is partnered by Turkiye Petrolleri (TPAO) of Turkey, with 10 percent, Korea's Kogas at 30 percent, and Malaysia's Petronas, with 20 percent.

The consortium accepted a remuneration fee of $5.50 per barrel after initially proposing $6, and set a plateau production target of 170,000 bpd.

* QAYARA

Situated in violent Nineveh province, where Sunni insurgents like al Qaeda remain active, the oilfield south of the provincial capital Mosul was won by Angolan state oil firm Sonangol after it accepted a fee of $5, less than half the $12.50 it wanted.

Sonangol pledged to take production at the 800-million-barrel reservoir up to 120,000 bpd.

* NAJMAH

Sonangol also won the nearby 900-million-barrel Najmah oilfield in Nineveh, setting a plateau production target of 110,000 bpd.

Again, the Angolan firm had to cut its price and accept a fee of $6 per barrel, less than the $8.50 it had sought.

"We are expecting a little bit higher. Can you go a little bit higher?" Sonangol's exploration manager Paulino Jeronimo asked Iraqi Oil Minister Hussain al-Shahristani to spontaneous applause from other oil executives. Shahristani said, "No."

* MAJNOON

Royal Dutch Shell, Europe's largest oil company, and Malaysia's state-run Petronas won the rights in the second auction to develop the supergiant field located near the southern oil hub of Basra.

Majnoon has reserves of 12.6 billion barrels, making it one of the world's largest untapped oilfields.

Shell has a 60 percent stake in the consortium, while Petronas holds 40 percent. They proposed a per-barrel remuneration fee of $1.39 and pledged to increase output to 1.8 million barrels per day (bpd) from a current production level of 45,900 bpd.

* HALFAYA

China National Petroleum Company (CNPC), Total and Petronas won the contract in the second round for Halfaya with a proposed remuneration fee of $1.40 per barrel and a plateau production target of 535,000 bpd from a current 3,100 bpd.

CNPC owns 50 percent of the venture, while Total and Petronas hold 25 percent stakes. Halfaya, situated in southern Iraq, has estimated reserves of 4.1 billion barrels of oil.

* RUMAILA

BP and CNPC won the contract to boost output from Iraq's largest field in the first auction in June. Rumaila has reserves of nearly 17 billion barrels, which alone is more than all the oil held by OPEC member Algeria.

Rumaila is the workhorse of Iraq's oil industry, providing 1.05 million bpd of the country's 2.5 million bpd output. The companies accepted a remuneration fee of $2 per barrel and have pledged to boost output to 2.85 million bpd.

* ZUBAIR

The giant field was not awarded during the June auction, but since then Italy's Eni, U.S.-based Occidental and South Korea's KOGAS have won an initial contract to develop the field with reserves of 4 billion barrels.

Eni has pledged to boost output there to 1.2 million bpd from 195,000 bpd.

* WEST QURNA PHASE ONE

West Qurna Phase One found no bidders in the first auction, but a subsequent competition behind closed doors led to an initial deal with Exxon Mobil and Royal Dutch Shell. The reservoir has reserves of about 8.7 billion.

The winning consortium aims to boost output to 2.325 million bpd from 279,000 bpd at present.

The Iraqi cabinet is expected to approve deals for Zubair, as well as West Qurna Phase One, before the end of this year.

* KIRKUK

Iraq is seeking a revised bid from a Shell-led group for Kirkuk, which is currently producing 350,000 bpd. In its initial failed bid, Shell envisioned a plateau production of 825,000 bpd. One of Iraq's older oilfields, it has estimated reserves of 8.5 billion barrels.

The field is vulnerable to fallout from tensions between Iraq's Arab-led government in Baghdad and ethnic Kurds.

* NASSIRIYA

Iraq is close to signing an engineering, procurement and construction deal for Nassiriya with a Nippon Oil Corp-led group. The largely undeveloped field is listed as having reserves of under 5 billion barrels.

Nippon Oil Corp has projected pumping up to 200,000 bpd within two years, according to Iraqi officials, and Eni, which was originally in the running for the field, has said it could eventually have a capacity of 1 million bpd.

* EAST BAGHDAD

This supergiant field received no bids at the second round, but Iraq may also pursue an EPC deal for the southern part of the field, which has 8.1 billion barrels in reserves, with Japan Petroleum Exploration Co (Japex).

Japex has projected that it could pump 400,000 bpd initially from the southern portion of the field, enough to satisfy about 10 percent of Japanese oil demand.

* STATE-OPERATED FIELDS

Iraq is not just depending on foreign investment. The head of the Iraq Drilling Company, Idrees al-Yassiri, told Reuters on November 27 it would drill 180 oil wells in 2010 with the potential to add 360,000 bpd to capacity.

(Reporting by Simon Webb and Michael Christie)