Tag Archives | Canada

Canadian Firm Wins Nassiriya Refinery Contract

Iraq’s Oil Ministry has approved a preliminary agreement with Vancouver-based Pacific Future Energy to build a refinery in Nassiriya. Pacific is likely to work on the project in tandem with SNC-Lavalin, a Montreal-based engineering and construction firm that has a partnership with Pacific dating back to 2015, and longstanding ties in Iraq. More details here […]

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Towards Women’s Economic Empowerment in Iraq

The World Bank Group, the Government of Iraq, and the Government of Canada launched today a US$1.95 million grant to support Iraq’s efforts to strengthen systems and deliver programs to empower women economically and politically. The “Gender and Social Protection in Iraq: Towards Economic Empowerment” program consists of two complementary components: the first component will […]

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Torino Power explores Opportunities in Iraq

By John Lee. Canada’s Torino Power Solutions Inc. has announced that it has been working with a U.K. based engineering firm that has existing business and projects in the Iraqi market. Torino was approached regarding its Power Line Monitoring (PLM) temperature sensors and in the last few months, the UK engineering firm has introduced the […]

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SNC-Lavalin awarded West Qurna 2 Contract

Canadian-based SNC-Lavalin (TSX:SNC) has announce that it has been awarded a framework agreement for project support services with LUKOIL Mid-East for the West Qurna phase 2 oil field in Iraq. Christian Brown (pictured), President, Oil & Gas, SNC-Lavalin, said: “We continue to build on our long-term relationship with LUKOIL and to help them realize their […]

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NATO sets up new Training Mission in Iraq

By John Lee. On Wednesday, “as requested by the Iraqi government“, NATO launched a new training mission in Iraq. Canada has agreed to lead the non-combat mission of several hundred trainers. NATO Secretary General Jens Stoltenberg said: “We will also establish professional military schools and academies for the Iraqi forces”. (Source: NATO)

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Iraq needs to Import 2m Tonnes of Wheat

By John Lee. Despite this year’s drought, Iraq has reportedly bought more than 300,000 tonnes of domestic wheat this season, and maintained its estimate of 2.5 million tonnes of local purchases for the 2018 season. According to Reuters, this implies an import gap of 2 million tonnes, as the country uses between 4.5 million and […]

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Canada commits to supporting UNFPA in Iraq

Canada commits to four more years of support to UNFPA in Iraq The Government of Canada has announced a four-year contribution of CAD 5 million to the United Nations Population Fund (UNFPA) in Iraq to build the capacity of national institutions to implement gender and reproductive health interventions across the country. Despite the end of […]

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Iraq buys 50,000 Tonnes Australian Wheat

By John Lee. Iraq reportedly bought 50,000 tonnes wheat from Australia on Sunday at $312.50 a tonne c&f free out. The tender, which  closed on 31st July, was open to wheat from the United States, Canada or Australia. According to Reuters‘ sources. wheat from the United States was offered lowest at $299.19 a tonne c&f […]

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Canada Orders Seizure of Tanker carrying Kurdish Oil

By John Lee. A Canadian court has reportedly ordered the seizure of a cargo of crude oil from the Kurdistan Region of Iraq (KRI). The Iraqi Oil Ministry requested the seizure of the 721,915-barrel cargo on the “Neverland” oil tanker claiming that it has been unlawfully misappropriated by the Kurdistan Regional Government (KRG). The move […]

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Canada gives additional US$2.2m for Stabilization in Iraq

The Government of Canada has contributed an additional US $2.2 million to UNDP’s Funding Facility for Immediate Stabilization (FFIS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings Canada’s total contribution to US$ 6.3 million to date. Based on priorities identified by the Government of […]

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ShaMaran Arranges new Fundraising

ShaMaran Petroleum has announced that it that it has successfully completed the book build for the equity issue (the “Private Placement”) announced on January 19, 2017, on a private placement basis, of common shares of the Company (“Common Shares”). The pricing of the Private Placement was determined during the book-building process to be CAD 0.10 […]

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