Iraq to Launch 3rd Gas Field Auction
“The product of these fields will initially be used to supply electricity stations and for other domestic needs, with the rest to be exported. The ministry hopes that Iraq will reach the level of other gas producers in the region.”
Iraq Takes Extra Security Measures to Protect Oil Fields
Iraq has begun implementing extra security measures to protect oil fields in and around the south-eastern city of Basra, security sources announced on Wednesday.
Transportation Signed a Joint Venture Contract with France for Operating a Pier at Basrah Port
Iraqi General Company for Ports signed a joint venture contract with French company CMA to establish a terminal container and berth No.4 in Umm Qasr port for three years.
KBR Gets No-bid Contract to Support Army in Iraq
KBR, the Army’s largest contractor in Iraq, was picked for a no-bid contract worth as much as $568 million through 2011 for military support services in Iraq, according to Army officials.
TNK-BP and IOCOI Establish a Joint Venture to Develop Fields in Iraq
TNK-BP Holding and Iraq Oil Company for Oil Investments (IOCOI) have signed an agreement to establish a joint venture aimed at identifying potential projects to acquire, develop and operate oil and gas fields on the territory of Iraq.
Kirkuk Governor Lays Foundation Stone for Club Project
The governor of Kirkuk on Thursday laid the foundation stone for the al-Shurja youth club in the northern part of the city at a cost of 3.760 billion Iraqi dinars, according to the province’s information director. “Governor Abdulrahman Mostafa laid a cornerstone for the club in Shurja to be carried out by the youths & […]
New French Investments in Karbala
French Ambassador to Iraq, Boris Boillon, talked with officials from Karbala’ Province on ways to widen cooperation between the two parties in the investment field and by bringing in French companies to restore industry and manufacturing in the Province. The local government responded that it wants to boost relations with the French and its bid to […]
Finance: Approval of the Implementation of Article 98 of Service and Military Retirement Law
Ministry of Finance announced the approval of the Joint Committee recommendations of Finance and Defense Ministries on service and military retirement Law. A statement issued by the Information Office of the Finance Ministry said that Finance Minister, Baqir al-Zubeidy, approved the recommendations of the Joint Commission to implement Article 98 concerning private pay and grades […]
BBAC Launches Its Banking Services in Erbil
In line with its regional expansion strategy, BBAC s.a.l. (Bank of Beirut and the Arab Countries) has announced the start of operations in its new branch in Erbil, Iraq. This comes in response to the needs of the Iraqi market and the demands of Lebanese establishments and citizens in Iraq as well Iraqi people, Arabs […]
Housing for Refugees in Diyala Province
The Committee of Emigration and Emigrants in Diyala Province said today that 50 dunams (1 dunam = 1000 m2) will be provided from all the Province’s regions to build housing compounds for refugee families from the conflict in the region. There are more than 3000 refugee families officially registered. ( Al SumariaTV )
Fallujah Biggest Bridge Inaugurated
Al Fallujah city celebrated the inauguration of the biggest bridge in the Province. The length of the bridge is 470 metres and its overall cost is 12 billion Iraqi dinars. The engineer who supervised the construction works said that the bridge connects east and west Al Falloujah and aims at limiting traffic congestion in the […]
Shanghai Co. Startup Al Zubaydiah Thermal Power Station
Shanghai Company, began on Saturday, the implementation of the Al Zubaydiah thermal power station project north of Kut, at a cost of 924 million dollars. Director of Information in the province , Majid Al Atabi , said that the project is under the supervision of ten Chinese experts, accompanied by Director General of projects in […]