Search results for "basra"

Foster Wheeler Awarded Basra Crude Oil Contract

Foster Wheeler AG (Nasdaq: FWLT) announced today that its Global Engineering and Construction Group has been awarded a project management consultancy (PMC) services contract by South Oil Company (SOC) for the Iraq Crude Oil Export Expansion Project onshore in southern Iraq and offshore in Iraqi waters. SOC is a company under the Ministry of Oil […]

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Bahraini Companies Seek to Invest in Basra Energy Sector

A delegation from Bahraini investment companies met with the chairman of Basra Council on Thursday to discuss investment in the energy sector in the southern city, according to a report from Aswat al-Iraq. “Chairman of the Basra council Jabar Amin Jaber received on Thursday a delegation representing Bahraini investment companies in the energy sector,” said […]

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Basra Governor Considers Oil Projects with Int’l Company

Basra’s Governor, Shaltagh Abboud al-Mayah, held discussions on Thursday with a company regarding projects in the oil sector, a media source said. “Al-Mayah met with a delegation from the Top Oilfield company to discuss the maintenance of oil rigs in Basra,” the source told Aswat al-Iraq news agency. “The meeting also addressed the local government’s […]

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Basra Oil Exports Partly Recover from Sandstorm

According to report from Reuters, oil exports from Iraq’s southern oil hub of Basra partly recovered on Monday to 1.08 million barrels per day, having been disrupted by a sandstorm over the previous two days. Basra’s shipments were: Friday – 1.68 million barrels Saturday – 1.128 million barrels Sunday – 720,000 barrels Monday – 1.08 […]

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Companies Seeking Investment Prospects in Basra

A number of companies participating in a Basra international fair revealed on Saturday their intention to seek investment opportunities in the province, the ‘economic capital of Iraq’, according to a source cited by AK News. The 5-day Basra International Fair opened on Friday, with the participation of more than 150 local and foreign companies specialising […]

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Basra Plans to Establish an Industrial City

Basra’s governor has announced projects totalling more than 50 billion Iraqi dinars ($42m), according to a report from AK News. “Many projects will be implemented and financed from Basra’s budget at a cost of more than 50 billion Iraqi dinars. The first project is to establish an industrial city for 40 billion dinars that includes […]

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German Firm to Build in Basra

German company IQ Martrade has  submitted several proposals for developments at Basra Port. The manager of the Company, Mr. Gunther Hahn, said “the projects include investment in jetties at Umm Qasr Port, and the establishment of an oil pipes factory near the port –  there is a huge need for such pipes in Iraq and […]

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