Iraq’s Oil Ministry has revamped the management of South Oil Company (SOC) in an ostensible effort to decentralize authority and enable quicker decision-making.The new structure will make the SOC “more rigorous,” said Iraqi Oil Minister Adil Abd al-Mahdi in an interview with Iraq Oil Report. “It is largely an administrative measure to reorganize things better, to give authorities to local people. But also to supervise things from the ministry in a better way.”Iraq exported 3.36 million b…