The Iraqi Industry Ministry signed a contract with a Lebanese firm to supervise the start-up of a gas-fueled power station in the al-Hurriya city, northern Baghdad. “The station’s start-up work will take three months,” the ministry said in a statement on Thursday as received by the Aswat al-Iraq news agency. It noted that the firm […]
By Dr Michael Knights, Vice President and lead Iraq analyst at Olive Group. On 1 October, Prime Minister Nouri al-Maliki received the endorsement of just over 140 parliamentarians, drawing close to the 163 votes needed to be re-appointed. I’m on record as predicting that this step will most likely bring about a new Maliki-led government, […]
As our weekly newsletter goes to press, BP has just announced a major new event for contractors interested in its giant Rumaila oilfield. There will be opportunities in the areas of: Engineering and Project Management Services (EPMS); Engineering, Procurement and Construction (EPC); and Construction. This is hugely significant to the development of Iraq's economy, as […]
National Overview The total number of officially reported hostile incidents nationally increased very slightly from 112 to 115. Once again hostile activity in Baghdad accounted for approximately half of all incidents, making Baghdad by far the most dangerous part of the country for five weeks running. Assassination attacks against Iraqi Security Forces and Government of […]
As the lead contractor for the development of the super-giant Rumaila field in Southern Iraq, and on behalf of partners PetroChina Company Limited and the Oil Marketing Company of the Republic of Iraq, BP Iraq NV will be holding a Share Fair event at the Conrad Hotel in Istanbul on 22 November 2010. The objective […]
Further to BP's Share Fair event for contractors interested in working at the giant Rumaila oilfield, the consortium partners have prepared a very informative presentation on the project. Please maximise your browser window and click on the following pages to view the company's plans for what will be the world's second largest producing oilfield:
Baghdad Investment Commission has granted 11 new permits to invest $243 million [290 billion Iraqi dinars] in different sectors of the Iraqi capital. “The investments will embrace the sectors of housing, commerce, tourism, and industries,” the commission said in a press release on Wednesday, according to Aswat al-Iraq news agency. It explained that the commission […]
Kurdistan Regional Government (KRG) officials hosted a delegation of prominent South Korean companies on Wednesday in the first meeting of the Kurdistan-Korean Business Forum. South Korea’s Ambassador Suk Bum Park, Chairman of the Investment Board Minister Herish Muharam, and Head of the KRG Department of Foreign Relations Minister Falah Mustafa Bakir presided over the forum […]
Sonoro announced that its wholly owned subsidiary, Sonoro Energy Iraq, and its partner, Berkeley Petroleum Mesopotamia Asphalts Limited (together, the "Licensee"), have signed an Asphalt License Agreement (the "Agreement") with the Al-Salah ad Din Provincial Government in the Republic of Iraq. The Salah ad Din Province lies just to the North of Baghdad and lies […]
A Turkish company has expressed readiness to rehabilitate a poultry project in Diwaniya at a cost of $100 million [117 billion Iraqi dinars]. This came during a meeting the chairman of the agriculture and water resources committee in Diwaniya, Baqer Ali al-Shaalan, held on Wednesday (Oct. 6) with a delegation of a Turkish company. “Talks […]
MAG (pronounced "Mag") – Mines Advisory Group – is a neutral and impartial humanitarian organisation that clears the remnants of conflict for the benefit of communities worldwide. Summary of outputs: • MAG teams released 303,874 m2 of land through a combination of electronic, hand mechanical, MDD clearance and area reduction • MAG teams removed and […]
A Russian firm has expressed interest in investing in the construction of the new industrial area east of Amara city. “The firm is ready to execute the project according to credit payment system,” a local Iraqi source told Aswat al-Iraq news agency on Wednesday. He explained that the new industrial area will be on the […]
