Archive | 2010

Kirkuk Likely to Return 65% of Budget to Baghdad

Speaking to AKnews on Friday, Kirkuk Council member Ahmad Askari said Kirkuk's budget for 2010 was 121 billion Iraqi Dinars  ($103 million),  but so far only $34m has been spent on providing services; according to the provincial councils' law the reminder should be returned to Baghdad, if not spent. "It is unlikely that the province […]

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Progress at Umm Qasr Port

The company dredging Umm Qasr port in Basra province has reached 12 meters deep, which should end Iraq's dependence on neighbouring countries’ ports, according to the Iraqi minister of transport on Friday. “The Belgian company’s excavation works reached a depth of 12 meters on Friday, compared to 7.5 meters in 2005 and 8.5 meters in […]

Conference on Oil Ministry Strategy in Basra

Iraq’s South Oil Company has organized a special conference on the strategy of the Iraqi Oil Ministry in the field of training and technology transportation, with the participation of major specialized global companies, the company’s Training Director said on Sunday. Hassib Attiya said “the activity of the strategic conference for training and technology transportation began […]

Iraq Signs Oil Agreement with Syria

During the visit of Iraqi Prime Minister Nouri al-Maliki to Syria, the Iraqi delegation signed an agreement to extend an oil pipeline through the Syrian territories, Khaled al-Assadi told Aswat al-Iraq news agency. Al-Maliki had arrived in Damascus on Wednesday to lead a high-profile delegation on an official visit to Syria. He held talks with […]

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FDC Partners with Lenovo in Iraq

FDC International, leading IT distribution organization today at Gitex announced the opening up of their first authorized service centre for Lenovo in Al Sena’a Street, Baghdad. The Service Centre is fully equipped with state of art equipments and will be serviced by well experienced technical engineers on Lenovo products to ensure high level of customer […]

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Halliburton Wins Exxon Contract in Iraq

Halliburton (NYSE: HAL) has been awarded a wellwork integrated services contract by ExxonMobil Iraq Ltd. for refurbishment of wells in the West Qurna (Phase 1) field in southern Iraq. Halliburton will provide on-site logistics and technical support for both rigless and rig-assisted workovers. Other services provided by Halliburton include provision of a workover rig, coiled […]

KCA Deutag Starts Drilling in Iraq

KCA DEUTAG, the international drilling and engineering contractor, announced that it has commenced operations in Iraq, with the deployment of one rig in the north of the country and a second being mobilised shortly. KCA DEUTAG established its presence in the country with its first rig, now operating in Northern Iraq. The company’s second Iraqi […]

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Russia Eyes Deals in Iraq

Reuters reports that Russia is talking directly with Iraq's oil-rich Kurdistan region about investment opportunities there, Russia's ambassador to Iraq said on Tuesday, a strategy that could irritate Iraq's central government. Baghdad is at odds with the semi-autonomous northern region and has strongly opposed oil deals the Kurds have signed independently with foreign companies. The […]

Iraq Ready for Ports Deals

The Iraqi Minister of Transportation said on Friday that the Iraqi ports are ready to sign contracts with companies receiving oil investment licenses in Iraq now that the country’s ports are ready for such traffic. AKnews reports that Abdul Jabar said that the ports authorities had completed reconstruction work on many of the docks and […]

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Dates in Basra

An official in the Iraqi Ports Department reported on Wednesday that a ship carrying Iraqi dates is en-route for one of the Gulf States, the first shipment of this once world-famous Iraqi product to leave the country since the U.S.-led invasion in 2003. AKnews reports that the director of the Department’s media office, Ammar al-Safi, […]