Tag Archives | Basra News

The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News

$6bn Iraqi Port Development available for Investment

By John Lee. Iraq’s National Investment Commission (NIC) has included the “Grand Port of Al Faw” in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Project cost: $6 billion Location: Basra Design capacity: Phase one 2018: […]

4 Metropolitan Transport Opportunities in Iraq

By John Lee. Iraq’s National Investment Commission (NIC) has included four subway and metropolitan rail projects in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: 1. Baghdad Metro The project consist of two lines with total […]

MHPS to Upgrade Hartha Power Station

By John Lee. Iraq’s Ministry of Electricity has reportedly awarded a contract to Japan’s Mitsubishi Hitachi Power Systems (MHPS) to refurbish the Unit 1 of the Hartha thermal power station (pictured) in Basra province. According to Energy Business Review, the power station is claimed to account for approximately 25 percent of Basra’s total power generation […]

Basra’s Barrier Against Poisoned Iranian Water Crumbling

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A soil barrier built to protect Basra’s farms and oil fields from polluted water flushed out of Iran is leaking. It’s the latest in a long list of water woes […]

Jacobs signs MOU with Iraq Oil Company

US-based Jacobs has signed a Memorandum of Understanding (MOU) with the Iraq Oil Company to explore mutual benefits of cooperation in the region of Basra, Iraq. The vast majority of Iraqi oil production takes place in Basra. Iraq Oil Company is looking for business partners based in the Kingdom of Saudi Arabia to support economic […]

Video: River Cruise Weddings return to Basra

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. To the sound of drums and trumpets, an Iraqi groom and his bride this week stepped hand-in-hand onto a speed boat on the river in Basra to celebrate: Click here to view on YouTube.

Alstom to Develop Rail Projects in Baghdad, Basra

French company Alstom has signed a Memorandum of Understanding (MoU) with Iraqi government for the development of urban transport in Baghdad and Basra. The MoU was signed during the Franco-Iraqi government authorities meeting, in the presence of Dr.Sami Al Araji, Head of National Investment Commission (NIC) of Iraq and Jean-Baptiste Lemoyne, French Secretary of State. […]

Jereh Enters Iraqi Oil Market with Integrated Solutions

Advertising Feature Basra Oil, Gas & Infrastructure is held under the high patronage of the Basra Governorate, the Basra Council and Iraq’s Basra Oil Company from October 30 to 31 in Beirut, Lebanon. Government officials, project stakeholders and buyers and suppliers attend to explore the expanding energy projects in the South of Iraq. Jereh Group made […]

Fear of Extinction pushes Basra’s Christians to Isolation

By Saad Salloum for Al Monitor. Any opinions here are those of the author, and do not necessarily reflect the views of Iraq Business News.  Shiites around the world celebrated the Arbaeen holiday Nov. 9. This year, Christians in Iraq participated in the Shiite ritual to attest to the coexistence and social interaction between the Christian […]

Iran Resolved to Establish Railroad Link with Iraq

The Iranian president’s chief of staff voiced the administration’s determination to construct a railroad linking Iran to the Iraqi city of Basra, saying the project would give a major boost to the transportation industry in the region. Speaking to reporters in the southwestern city of Khorramshahr on Friday, Mahmoud Vaezi said various related bodies, including […]

Three-year Strategic Plan for Basra Oil and Gas

Provincial Council of Basra formulates strategic plan to contribute to effective management of the oil and gas sector The southern Governorate of Iraq, Basra, now has a three-year strategic plan for oil and gas. As a key pillar of Basra’s economy, this industry is supposed to employ thousands of workers and generate billions of dollars […]