New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Field Coordinator, Humanity and Inclusion (HI) Field HR Coordinator, Humanity and Inclusion (HI) Support Services Manager, Humanity and Inclusion (HI) Senior Cash Based Initiatives (CBI) Assistant, IOM – International Organization for Migration Project Manager, UNOPS – United Nations Office for Project Services Programme […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Program Manager, Catholic Relief Services (CRS) Shelter Program Support Assistant, IOM – International Organization for Migration Senior Cash Based Initiatives (CBI) Assistant, IOM – International Organization for Migration DTM Reporting Officer, IOM – International Organization for Migration (Source: UN) (Picture: Success, growth, […]

Petrel: “Interest is Reviving in Iraq”

By John Lee. In its preliminary results for 2018, Petrel Resources gave the following update on its activities in Iraq: We had high hopes of commercial success in Iraq. It has the best oil geology on the planet with drilling success over 90% and a $2 to 4 a barrel production cost. But the political […]

EU provides €15m for vulnerable Iraqi Farmers

Farming families in northern Iraq’s Nineveh Governorate will benefit from a European Union contribution of €15 million to the Food and Agriculture Organization of the United Nations to recover agricultural livelihoods. The area, which includes the city of Mosul, was known as the country’s ‘breadbasket’ before conflict caused widespread damage and displacement. This project is […]

Video: Years of Conflict hit Health Services in Basra

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq’s vast oil wealth once paid for some of the best health services in the Middle East. But decades of conflict and political unrest have led to, what the government admits, a crisis […]

Indian Firm Wins $37m Seismic Contract in Iraq

By John Lee. Indian-based Asian Oilfield Services Limited has announced that it has won orders totalling $37 million in Iraq. The orders relate to seismic acquisition at Block 12, with $12 million for a 2D survey and $25 million for a 3D survey. Block 12, located in the Najaf and Muthanna provinces, is being developed […]

Iraq Britain Business Council welcomes 2 New Members

By John Lee. The Iraq Britain Business Council (IBBC) has welcomed two new members. Protechnique — a British contractor providing premier technical, engineering, construction, management and capacity building support throughout the world; to federal, regional, and local government agencies, as well as private industries and multi-lateral agencies; UniHouse — a global professional training, consultancy and […]

Rocket attack on Oil Workers’ Camp

By John Lee. A rocket has hit a residential and oil operations headquarters near Basra city, wounding three workers at an Iraqi drilling company. The short-range Katyusha missile hit a compound in Burjesia which is used by several international oil companies (IOCs), including ExxonMobil. Oil production and exports are not expected to be affected. (Sources: […]

Iraq keen to join China’s Belt and Road Initiative

By John Lee. Iraq’s Minister of Transport, Abdullah Luaibi [Abdul Allah al-Leibi], has said that Iraq is actively seeking to join China’s Belt and Road Initiative [“One Belt, One Road (OBOR)“]. In statements on Monday, the Ministry confirmed that the Minister met with China’s Ambassador to Iraq, Zhang Tao, to discuss the plan. It added […]

Exxon Increases Production at West Qurna 1

By John Lee. Production at the West Qurna 1 oilfield has reportedly reached 465,000 barrels per day (bpd), following the completion of new crude processing facilities and oil storage tanks. Officials told Reuters on Monday that the field was previously producing about 440,000 bpd. Exxon‘s foreign staff were present at a ceremony to launch the […]

Russia’s Gazprom Neft interested in Expanding in Iraq

By John Lee. Russia’s Gazprom Neft is reported to be interested in expanding its operations in Iraq. Reuters says boss Alexander Dyukov told the annual general meeting on Friday that the company, which is already developing the Badra oilfield, is also “looking at” the Mansuriyah gas field near the Iranian border. It says that Iraqi […]