Tag Archives | Dhi Qar

Dhi Qar Signs MoU with Korean Firms for Infrastructure

The local government in Dhi Qar province has signed a memorandum of understanding with a number of Korean companies in various fields, notably investment, infrastructure, and construction of residential complexes. The head of Dhi Qar province Council, Hamid Naeem Gizi said in a statement: “After series of meetings with a group of Korean companies , […]

Iraq’s Failing Construction Projects

By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Since the fall of Saddam Hussein’s regime following the US-led invasion of Iraq in 2003, there have been hundreds of failed and delayed construction and development projects in the country. A few months after […]

Baghdad Devolves Powers to Thi Qar Province

By Simon Kent. 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. Around a fortnight ago, in the southern Iraqi province of Dhi Qar, the Iraqi government ceremonially handed over many of its powers to the local authorities. It’s […]

Iraq, UK Firms Start Dhi Qar Housing Project

By John Lee. The foundation stone has been laid for a $92-million (108-billion-Iraqi-dinar) project to build 716 apartments in Dhi Qar, following the resolution of land disputes in the area. The Kashmara-1 project is being undertaken by the Al Mansour Company for Constructional Contracts, an affiliate of Iraq’s construction and housing ministry, and the UK’s […]

Oil Minister Announces 3 New Companies

By John Lee. Oil Minister Dr. Adel Abdul Mahdi [Adel Abdel Mehdi] (pictured) has announced the establishment of three new oil companies. The Dhi Qar Oil Company has been set up to put the extraction and production of oil from fields in Dhi Qar under their direct supervision of the people of the province. This […]

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. […]

Dhi Qar to Invest $430m in Power Projects

By John Lee. The Dhi Qar governorate intends to invest 500 billion Iraqi dinars ($430 million) in power projects in the next three years, according to a report from Emirates 24/7. Shanan Al Zamli, chairman of the electricity committee in the governing council, told al-Sumaria that the investment will add 2,000 MW to its generating capacity, […]

LUKOIL begins Seismic Survey at Block 10

LUKOIL has started a 2D seismic survey at Block 10 in the south of Iraq. 2000 linear kilometers of seismic surveys will be completed by the BGP Inc. geophysical company within 16 months. The Mandatory Geologic Exploration Program at Block 10 is scheduled to take five years with a potential 2-year extension and includes drilling […]

Schneider to Build Dhi Qar Power Plant

By John Lee. French company Schneider Electric has won a contract to build a power plant in Iraq. The 64MW plant will be built in the Nasir district in northern Dhi Qar province, near the stadium in the area. Schneider employs more than 140,000 people in over 100 countries. Last year revenues were $32bn. (Source: […]

Gharraf Oil Starts Field Production

By John Lee. The Gharraf [Garraf] oil field in Thi Qar [Dhi Qar] province, 85km north of the City of Nasiriyah, produced its first commercial output of oil on 31st August. Iraq’s Ministry of Oil said the flow rate was 35,000 barrels a day, and peak production of 230,000 bpd was expected in 2017. Japan […]

US Firm Wins $60m Affordable Housing Project in Thi Qar

By John Lee. The Thi Qar Investment Commission has approved an Investment License for a $60 million (USD) affordable housing project being developed by Iraq Dream Homes, LLC, a U.S. affordable housing development firm. The housing project “An Nasiriyah Dream Homes-Phase I” consists of 400 units of single-family affordable homes in a master-planned, sustainable community […]