ShaMaran Petroleum Corporation reports that it has increased the $50 million private placement previously announced on October 25, 2011 to $51 million. The Company will now sell on a non-brokered, private placement basis an aggregate of up to 127.5 million common shares of the Company at a price of $0.40 per common share for gross […]
Iraq’s National Reconciliation Minister Amir al-Khuzaei talks to NIQASH about why his job may be redundant once the US leaves, how armed militias will join the political process and the Libyan connection with Saddam Hussein’s followers. Any opinions expressed are those of the author and interviewee, and do not necessarily reflect the views of Iraq Business News. […]
President Masoud Barzani this week in Brussels met Belgium’s Foreign Minister Steven Vanackere. He also met European Union officials to discuss expanding relations with its member states. President Barzani encouraged Foreign Minister Vanackere to move Belgium’s Embassy from Amman to Baghdad and to consider opening a consulate in Erbil. Mr Vanackere commended the political and […]
Society of Petroleum Engineers (SPE) Iraq Workshop Few years have passed since the Iraq hydrocarbon market emerged to take an active role in the global energy market; growing fast with many different types of technical and logistical challenges but offering rewarding fruit. Our first SPE Iraq workshop aims to bridge the gap between the present […]
What's the future of business in Iraq? There are plenty of opinions on this, but the opinion of the former US Defense Department official who was tasked with promoting business in Iraq has to be worth more than most. So what does Paul Brinkley have to say about it? “There’s no opportunity like this in […]
Azzaman news agency reports that the Iraqi Central Bank’s budget forecast for 2012 is based on and oil price of $80 per barrel. Muatasem Akram, a consultant with the bank, said the forecast was reasonable, though much below the 2012 forecasts for oil prices on international markets. He acknowledged the bank’s budgetary estimates for oil […]
ARINC Engineering Services, LLC today announced it has completed the procurement, integration, testing, and installation of new Air Traffic Control Tower (ATCT) systems and equipment for two bases of the Iraqi Air Force. The new technology will allow Iraq’s Air Force to establish efficient operational control with modern equipment in the control towers at Tikrit […]
AVEVA (LSE:AVV) has announced that it will participate in the inaugural International Erbil Oil & Gas Exhibition, 15-18 December 2011 in Iraq, where it will showcase its object-centric systems for Integrated Engineering & Design solutions. AVEVA will demonstrate the full range of its AVEVA Plant Portfolio. AVEVA Plant is an integrated suite of software for […]
This article was written by Ahmad Wahid, and was originally published by the Institute for War and Peace Reporting, iwpr.net. It is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Thousands of Iraqis working across five ports […]
