Archive | Commodities & Mining

Basra Lab achieves ISO/IEC Accreditation

RSK’s combined geotechnical-chemical laboratory just outside Basra has achieved accreditation to ISO/IEC 17025:2005, the international standard for competence of testing laboratories. The ISO/IEC 17025:2005 accreditation, which was awarded by the Gulf Cooperation Council Accreditation Centre, an accredited body of the International Laboratory Accreditation Cooperation (ILAC) in March 2015, specifies the general requirements required for a […]

Devco Ships $53m Kit to Sulfur Mine

By John Lee. US-based engineering firm Devco has shipped $53 million worth of equipment to the Mishraq State Sulfur Mine in Mosul. This is the second major shipment from Devco’s $78.6 million order from the Iraqi Ministry of Industry. This contract, part of ongoing rehabilitation of the mine, is the largest contract awarded by Iraq’s […]

The New Iraq: 2014 Discovering Business

Iraq Business News is delighted to bring you the latest major new guide to business in Iraq. Published by Allurentis, in association with Iraq’s National Investment Commission (NIC) and UK Trade and Investment (UKTI), the fifth edition in the annual New Iraq series – The New Iraq: 2014 Discovering Business – contains a wealth of […]

KRG Natural Resources Monthly Report

The KRG Ministry of Natural Resources (MNR) announces the publication of its first Monthly Report. The Report contains the latest information on production and export in the Kurdistan Region, domestic refining and consumption, well activity, rig counts and map, employment figures and updates on Production Sharing Contracts. The report will help interested citizens, companies and […]

New Report from Extractive Ind. Transparency Initiative

By John Lee. The Iraqi-Extractive Industries Transparency Initiative (IEITI) report for year 2011 has been published by an independent and international reconciler firm Ernst & Young. The report considers for the first time the quantities of crude oil used for local consumption and the paid revenues by the Extractive Oil Companies (National & International). It […]

Iraq’s Oil Exports Fall In June

By Matthew Gayle. According to shipping data tracked by Reuters and industry sources, oil exports from Iraq have fallen by about 200,000 barrels per day (bpd) in June due to bad weather disrupting loadings. Exports from Iraq’s southern shipping outlet, have averaged close to 2 million bpd in the first three weeks of June, which […]

Iraq Awards Rice Tender To Thailand

Iraq has awarded Thailand with the tender announced last month seeking a minimum of 30,000 tons of rice, and will purchase a total of 80,000 tons of rice from Thailand. Thai rice was amongst the lowest offers in the tender that closed on March 31, which included invited applications from the U.S., Uruguay, Argentina and […]