Increased Oil Production planned for Majnoon

By John Lee. Oil production at Majnoon oilfield is reportedly planned to increase from 240,000 barrels per day (bpd) currently to 290,000 bpd by the end of 2019 and 450,000 bpd by the end of 2021. State-owned Basra Oil Company (BOC) took over the field from Shell and Petronas at the end of June 2018, with […]

Turkey appoints Special Envoy for Water Affairs with Iraq

By John Lee. Turkey has reportedly appointed a special envoy to Iraq to resolve the water sharing issues between the two countries. According to Daily Sabah, former Forestry and Water Affairs Minister Veysel Eroğlu (pictured), who will take up the post, pointed to the “inefficient” use of water resources in Iraq, saying “Turkey will share […]

Navistar Wins $8m Iraq Order

US-based Navistar Defense has been awarded an $8,069,336 fixed-firm-price Foreign Military Sales (Iraq) contract for Navistar transport and cargo vehicles. One bid was solicited with one bid received. Work will be performed in Lisle, Illinois, with an estimated completion date of Sept. 8, 2019. (Source: US Dept of Defense)

Lukoil confirms Geological Model for Eridu Field

Russia’s Lukoil has successfully completed testing of the fourth well as part of Eridu field (Block 10) appraisal phase in the south of Iraq. The testing resulted in the commercial flow of dry crude oil that proves the current geological model of Eridu field as effective. ​ Lukoil continues geological exploration at Block 10. For instance, […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 10th January 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD672 (+2.2%) / $723 (+2.0%) (weekly change) (+2.0% and +1.8% YTD change, respectively). The number of week traded […]

$2m to Launch of Mosul Heritage Stabilization Program

Cultural Property Consultants (CPC) and the University of Pennsylvania Department of Near Eastern Languages and Civilizations (NELC) have been awarded a $2 million grant to launch the Mosul Heritage Stabilization Program (MHSP). MHSP seeks to assist Iraqis in the preservation and protection of cultural heritage by contributing to the maintenance and promotion of cultural memory, […]

NATO to Lead Military Training in Iraq

By John Lee. NATO is to take the lead in the ‘train the trainer’ mission to teach Iraqi military instructors to impart key skills. According to a press release from the Combined Joint Task Force (Operation Inherent Resolve), the project will involve such skills as countering improvised explosive devices, civil-military planning, armored vehicle maintenance, and […]

Moldova: The most Cost-Effective Passport from Europe

Advertising Feature By Veronica Cotdemiey, CEO of Citizenship Invest. Moldova: the most cost-effective passport from Europe Citizenship by Investment has become one of the most reliable ways to obtain a legal citizenship and passport for many nationalities around the world. Allowing the ability to travel easily and secure a better future for individuals. However, when […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Programme Specialist – Youth Innovation, UNDP – United Nations Development Programme Data Collection and Evaluation Expert, UNDP – United Nations Development Programme Inclusive Health Technical Advisor, Humanity and Inclusion (HI) Researcher, Forcier Consulting (Forcier) Iraqi Field Monitor, International Business and Technical Consultants, Inc. […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Social Protection Specialist, UNDP – United Nations Development Programme Research Officer, International Rescue Committee (IRC) Operations Coordinator, Humanity and Inclusion (HI) Operations Officer, IOM – International Organization for Migration Psychologist, IOM – International Organization for Migration Shelter Focal Point, IOM – International […]