Tag Archives | Foster Wheeler

Wood Group expects Increased Activity in Iraq

By John Lee. Scottish-based engineering firm Wood Group plc has said that its operations in Iraq will see increased activity. In its half-year results for the six months ended 30 June 2019, the company said: “Growth in 2019 will be led by Operations Solutions, where we expect increased activity in Iraq with customers including Basra […]

Ministry drops Nassiriya Integrated Project

Iraq will rely on a newly formed state oil company to develop the Nassiriya oil field, leaving only the nearby refinery project for investors, ending more than six years of pitching the two as a combined mega-project, according to Iraq Oil Report. Most recently, Iraq had been in direct negotiations with PetroChina and the China […]

Foster Wheeler to Boost Iraq Oil Export Capacity

By John Lee. Iraq’s Ministry of Oil has agreed with Foster Wheeler to cooperate on implementing projects of increase oil storage and export capacity. At a meeting with representatives of the company, Mr. Fayadh H. Niema, the Senior Deputy Minister of Oil, said that the ministry is keen to develop and update the “exportation, reservation, […]

Amec Foster Wheeler wins BP Iraq Contract

Amec Foster Wheeler announced this morning that it has been awarded a three-year framework agreement by BP Iraq NV to complete conceptual studies and pre-front end engineering design (FEED) work to support BP plans to sustain and grown production at the Rumaila oil field in Iraq. Rumaila, one of the world’s largest oil fields and […]

Penspen Expands in Iraq

Penspen, a leading global provider of engineering and management services to the energy industry, has underlined its commitment to growth in the Middle East with three new appointments and investment in a new office in Iraq. Ahmed Al-Dadah and Na’el Barghouthi have this month joined the company from other engineering providers, whilst Michael Simm, EVP […]

Non-Members Welcomed at IBBC Conference

Iraqi and British politicians will be joining senior business leaders from both countries at the Iraq Britain Business Council’s (IBBC) eighth London conference in early November. Entitled “Iraq – Accentuating the Positive”, the event is being held at the spectacular Institution for Civil Engineers building, One Great George Street, on November 5th and 6th. In light […]

Kentz-Foster Wheeler Venture Wins Shell Contracts

By John Lee. Foster Wheeler Kentz Energy Services DMCC, the Dubai-based joint venture company of Foster Wheeler and Kentz, announced today that it has been awarded framework contracts by Shell Iraq Petroleum Development B.V. (“Shell”), for the provision of engineering, procurement and related services for the Majnoon Oil Field Commercial Production Project in Iraq. Shell […]

Min. of Oil Tenders for Joint Nassiriya Oilfield/Refinery Deal

By John Lee. Iraq’s Ministry of Oil has announced the launch of the Nassiriya Integrated Project, and invited interested companies to become formally qualified to participate in its development. The project involves the integrated development of the more than 4-billion barrel Nassiriya oil field in Thi-Qar province together with the construction and operation of a […]

New Gulf Oil Terminal to Open in February

Iraq plans to start shipping crude from the first of its three new offshore export terminals in the Gulf at the start of February, according to Reuters. The new single-point mooring (SPM), which will boost export capacity by 900,000 barrels per day, was due to start operation on 1st January, but testing of new pipelines has […]