Tag Archives | Switzerland

ABB to complete Iraq Projects by 2024

By John Lee. ABB is reportedly targeting 2024 for the completion of energy projects in Iraq. Its managing director for the Middle East, Mostafa Al Guezeri, told The National that the Swiss-Swedish company is in the planning stage for its $1.2-billion work in the country. He added that the company was committed to spending more […]

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$210m UK Support for GE Power Deal

The UK’s Minister of State for Trade and Export Promotion, Baroness Rona Fairhead (pictured), has announced $210.8 million in support from UK Export Finance (UKEF) for the second project agreed under the UK-Iraq infrastructure Memorandum of Understanding. The contracts with the Ministry of Electricity in Iraq, valued at $220 million, will see GE Global Services UK upgrade […]

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Scandalous Satarem Refinery Contract gets Final Notice

By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Satarem-Missan Refinery Scandalous Contract Gets Final Termination Notice The Iraqi Ministry of Oil (MoO) announced on 4th January 2018 that it had obliged Missan International Refinery Company (MIRC) (actually the bankrupt Swiss […]

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Panalpina wins major Iraq Contract

Panalpina, the Swiss-based provider of supply chain solutions, has won what it describes as its “largest award with a specific oil and gas major to date”. The company was awarded with a contract to manage transportation for a gas project in Iraq, for a minimum of five years, involve high air and LCL (less than […]

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