Archive | 29th June 2011

Iraq Gets Control of its Development Fund (DFI)

There was more sabre rattling on the Iraqi political scene this week, as the Speaker of parliament, Osama al-Nujaifi, hinted at the possibility of a break-away Sunni state. His statements follow indications, finally, from Prime Minister Nouri al-Maliki to the effect that ministerial heads may metaphorically roll as a result of their poor performance. These […]

Petrofac Wins $90m Contract at Rumaila

Update, RBC Capital Markets opinion: albeit the size of the contract is not material compared to Petrofac's backlog, we believe that any positive developments from Iraq should be seen as a positive step for Petrofac. This region becomes increasingly strategic, especially for the newly created Integrated Energy Services (IES). This contract award follows the EPC […]

WesternZagros Announces First Quarter Results

WesternZagros Resources has announced its results for the period ended March 31, 2011, key highlights, and activities to date. On May 31, 2011, WesternZagros made an oil discovery in the Jeribe Formation at the Sarqala-1 exploration well. The Company tested the well at rates up to 9,444 barrels per day of 40 degree API oil. […]

Reports of New Fake Dinars in Circulation

On Wednesday a number of currency dealers in southern Iraq’s Nassirya City reported the spread of a new counterfeit 10,000-dinar notes, according to Aswat al-Iraq. “We have noticed the existence of a false 25,000-dinar currency in the market, being cautious against it, but a new false 10,000-dinar note, with a very close print to the […]

Nujayfi’s Separatist Threat and the Reactions

The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]

Quotation for ICP (Spectro Arcos) Multi Element Standard Solution

North Gas Company announces a new tender for ICP (Spectro Acros) multi element standard solution . Offers should be from manufacturing companies or authorized agents. Agents & suppliers should submit authorization from the main manufacturer(s) , all relevant documents to be originals being authenticated by Iraqi Commercial attache. Please click on this link for further […]

NGC Announces For A New Spare Parts Tender

North Gas Company announces  a new spare parts for gas chromatograph varian-CP-3800, SN 102044.102012.102014.102022.102024.102015.230 v-2400 VA .50/60 hz. Offers must be in sealed envelope (technical offer) with indent number & closing date clearly mentioned on the envelope , addressed to the attention of B.B.C (Broadly Bids Box) at North Gas Company , PO box: 16, […]

Re-Announcing For The Tender of Supplying Accessories For L.P.G. Railroad

Gas Filling Company has the pleasure to re-announce for the tender of supplying accessories for L.P.G railroad as a part of operation budget of 2011. Manufacturer companies & their approved agents companies who are interested in participating in this tender can refer to Gas Filling Company in Baghdad -Taji to purchase a copy of tender […]

Oil Pipelines Co Invites To Bid For Fiber Glass Elements

Oil Pipelines Co invites to bid for fiber glass elements. Full details & specifications of which together with tender documents are available at Oil Pipelines Co, legal department , Baghdad, Iraq. Offers to be considered by tender committee will only be those received prior or on same closing date affixed here-under as tender box will […]