Search results for "basra"

Iran to Open Office in Thi Qar

By John Lee. The Governor of Thi Qar [Dhi Qar], Yehya ala-Nasiri, has told Aswat Al Iraq that Iran proposes opening an representative office in the province, to facilitate the work of Iranian companies in the area. The proposal was made following a meeting with the Iranian consul in Basra province, Hameed Reza Mukhtas Abadi. […]

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Robt. Stone, NSCC, in JV for Iraq Contracts

By John Lee. Robt. Stone (ME) LLC (RSME) has to announced that it has signed a Joint Venture agreement with NSCC International Limited (NSCC), under the name of “NSCC-RSME”, to exclusively bid together for “projects of mutual interest beyond UAE with a particular focus on Iraq”. The Joint Venture will primarily pursue EPC (Engineering, Procurement […]

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Weekly Security Update, 16 – 22 September 2014

By Anne-Laure Barbosa at Constellis Consulting On 16 September, Iraq’s parliament rejected two appointees to head the critical defence and interior ministries, two of the most sensitive positions which remain to be filled. The opposition of the Shia Alliance prevented the parliament from reaching a majority vote, which would have been necessary to approve the appointments […]

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New Oil Minister Praises Kuwait

By John Lee. Iraqi Oil Minister Adel Abdul-Mahdi [Adil Abd al-Mahdi] has met with a Kuwaiti delegation led by the country’s Ambassador to Baghdad, Ghassan al-Zawawi, to discuss cooperation in the energy sector. The Minister praised Kuwait for its economic and political support for Iraq, and praised Kuwaiti companies for their contribution to the development […]

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Erbil, Iraq and the ISIL Offensive

By Robert Tollast. The following is an interview with an Iraqi finance professional with a degree in Accounting and Finance. He is also a Chartered Certified Accountant with extensive experience in Banking. He returned to Iraq in early 2013 and now works as a Portfolio Manager, travelling across Iraq but residing in the Iraqi Kurdistan. He was kind […]

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PM calls to end Boycott of Saudi Products

By John Lee. Newly-appointed prime minister Haidar al-Abadi has called for an end to the boycott by a number of governorates of products from neighbouring countries, including Saudi Arabia. He urged those provinces to instead develop their economies through regional cooperation, particularly with neighbouring states. A number of provincial councils, including Baghdad, Basra and Najaf, […]

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Weekly Security Update, 09 – 15 September 2014

By Anne-Laure Barbosa at Constellis Consulting The formation of the new Iraqi government last week led to the swift mobilisation of several Western powers pledging support to the Kurds and Iraqi forces. On 15 September, leaders from thirty countries promised to help fight the Islamic State militants in the north of Iraq, following an international meeting […]

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Oil Pipeline Sabotaged in Diwaniya

By John Lee. An oil pipeline passing through the governorate of Diwaniya has reportedly been sabotaged by an explosion, the first event of its kind in the province. Aswat al-Iraq reports that the explosion was made by dynamite underneath the pipeline that runs from Basra to Baghdad. The explosion took place in Saniya area, 12 […]

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Oil Discovered at Block 9

By John Lee. Shares in Dragon Oil closed up 0.2 percent on Wednesday following the discovery of oil at Block 9. Kuwait Energy, Dragon Oil’s partner in Block 9, issued the following update on the exploration well, Faihaa-1, being drilled in the block: Kuwait Energy announces that the consortium comprised of Kuwait Energy (70% and […]

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Saudis Provide Homes to Displaced Families

Funding from Saudi Arabia to the UN will allow UN-Habitat to provide shelter options for internally displaced people, commonly referred to as IDPs, in the Kurdistan region of Iraq. Following the takeover of Mosul by the Islamic State of Iraq and the Levant movement – ISIL – last June and the influx of more than […]

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Gazprom Starts Oil Deliveries from Badra

By John Lee. Russia’s Gazprom Neft, the operator of the Badra oil field (pictured) in Iraq, has announced that first oil from the field is now being delivered to Iraq’s main pipeline system for transfer to the export terminal in Basra, on the Persian Gulf. Current deliveries from Badra to the pipeline stand at over […]

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