New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Administrative Officer, OCHA – Office for the Coordination of Humanitarian Affairs Analyst Associate, IOM – International Organization for Migration Arabic Translator & Proof-reader, IOM – International Organization for Migration Project Assistant, IOM – International Organization for Migration Research Assistant, IOM – International […]

Capstone Wins Order for Microturbines in Basra

US-based Capstone Turbine Corporation (Nasdaq: CPST) has announced today that it has secured an order for two C600 Signature Series microturbines to provide 1.2 megawatts (MW) of energy to power a triethylene glycol (TEG) dehydration facility in the Basra region of Southern Iraq. The order also includes Capstone’s new self-cleaning pulse filtration system which will […]

Baghdad Green Zone to Open around the Clock

By John Lee. Baghdad’s International Zone (Green Zone) is to be opened to traffic around the clock from tonight (Tuesday). Prime Minister Adel Abdul-Mahdi told a news conference on Monday evening that the move showed that the government is convinced the security situation in Baghdad is improved. The high-security zone is home to the Iraqi […]

Iran, Iraq ready to Dredge the Shatt al-Arab

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. After decades, Iran, Iraq ready to Dredge the Shatt al-Arab Hope of restoring a clean water lifeline to Basra province is on the rise again with plans by the Iraqi and […]

ShaMaran Completes Acquisition of Atrush Stake

By John Lee. ShaMaran Petroleum has announced the completion of its acquisition of an additional 7.5% participating interest in the Atrush Block [from Marathon Oil], previously announced on April 3, 2019, bringing ShaMaran’s total interest in Atrush up to 27.6%. ShaMaran also announces that Atrush has been producing at approximately 32,000 barrels of oil per […]

Production to Increase at Al Faihaa Oilfield

By John Lee. Oil production in the Al Faihaa area (Block 9) in Basra is reportedly expected to increase in the coming year with increasing investment. Dragon Oil CEO Ali Al Jarwan told Oil & Gas Middle East that the company plans to increase production in Iraq to 100,000 barrels per day (bpd) by 2025. […]

Iraq’s Oil Sector caught in crossfire between US, Iran

By Hamdi Malik for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. ExxonMobil evacuated dozens of its non-Iraqi employees from Iraq on May 18. The evacuation follows a US State Department decision to withdraw its non-essential staff from the US Embassy in Baghdad and its consulate […]

Video: Ramadan Ring Game returns to Mosul

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Mheibes: Iraq’s Ramadan ring game returns after ISIL’s defeat A traditional Arab game is making a welcome return for players in northern Iraq. Known as the ring game or Mheibes, it has been […]

USAID Launches New Partnerships Initiative in Iraq

The U.S. Agency for International Development (USAID) hosted a workshop in Erbil, in the Iraqi Kurdistan region, on May 14, 2019, to discuss USAID’s New Partnership Initiative (NPI) with 30 local and faith-based Iraqi organizations. USAID will co-create with successful applicants to award $3 million dollars by the end of this U.S. Government’s Fiscal Year […]

Oil Exports Up Again in May

By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for May of 110,736,670 barrels, giving an average for the month of 3.572 million barrels per day (bpd), up from the 3.466 million bpd exported in April. These exports from the oilfields in central and southern Iraq amounted to 106,675,881 barrels, while exports […]

GKP CFO Steps Down

Gulf Keystone Petroleum (GKP) has announced that Sami Zouari (pictured), Chief Financial Officer (CFO), will be stepping down as CFO and a Director of the Company during the second half of the year, and will leave the business by no later than 2 December 2019. Mr Zouari has been CFO of GKP since January 2015 […]

Amnesty challenges Coalition Casualty Claims

By John Lee. Amnesty International has challenged a statement from the US-led Coalition in which it acknowledges at least 1,302 unintended civilian deaths during Operation Inherent Resolve. The organisation’s Senior Crisis Response Adviser, Donatella Rovera, said: “While all admissions of responsibility by the US-led Coalition for civilian casualties are welcome, the Coalition remains deeply in […]