It is reported that ONGC Videsh Limited has qualified to bid for oil and gas contracts in Iraq. It is the only Indian company in the list of 35 firms that has qualified for bidding.

The qualified bidders include BP, Chevron, Exxon Mobil, Royal Dutch Shell and Total, whereas the Chinese firms CNOOC, CNPC, Sinochem and Sinopic Group.

OVL already has license for Block 8 in Iraq and was qualified to bid in future contracts.