Archive | 2011

Japanese Companies Target Basra

Japan is to launch an investment offensive in Iraq, starting with the southern city of Basra, the Japanese ambassador to Iraq said on Tuesday, according to a report from AKnews. Speaking at the conclusion of the Japanese investment conference at the Basra International Hotel ("Sheraton"), Mitsuo Sakaba said numerous Japanese companies are looking to get […]

More Tenders From MRC

Midland Refineries announces the below tenders: -Complete Centrifugal Pump W/Turbine and Base Plate - Lap Master For Lapping Machine For Mechanical SCAL - Lab Equipment - Amphibious Machines - High Reach Rough Terrain Rotating Telehandler -Lab Equipment -Desludging Tank -Bulldozer -Self Propelled Articulating & Telescopic Booms (z-type) -Self Propelled Scissor Lifts Closing Date: 5/7/2011  

MRC Announces New Tenders

Midland Refinery Company announces new tenders: - Spare For Steam De Super Heater - Spare Parts For Burner of F-101,201,301,302,501 & 601 - Spare Parts for Burners of Power Former no 2 - Spare for Pumps The Company must submit a covenant enclosed with the technical offer that they have submitted otherwise the offer should be […]

DNO Updates on Kurdistan Operations

Norwegian oil producer DNO issued a report today (Monday) on the status on its activities in Kurdistan Region of Iraq. Summail-1 exploration well update The Summail-1 exploration well was spudded on 19 April 2011. The well has now been drilled ca. 25 meters into the Cretaceous interval and hydrocarbon shows were detected while drilling. An […]

The Next Iraqi Oil Round: Issues For Consideration

This work was written by Ahmed Mousa Jiyad, and it is reproduced here with his permission. It was originally published by MEES v54:n23, Monday 6 June 2011. Mr Jiyad is an independent development consultant, scholar and Associate with Centre for Global Energy Studies-CGES, London. He was formerly a senior economist with the Iraq National Oil […]

Iraq to Repay $408 million Egyptian Debt

Iraq has agreed to pay $408 million in cash to Egypt to settle old debts owed by Baghdad from more than two decades ago, a government spokesman said. Reuters reports that the debts date back to a period when United Nations sanctions following the 1990 Iraqi invasion of Kuwait blocked the payment of salaries that […]

Ministry of Industry Announces New Factories

The Ministry of Industry has announced that it signed a contract to establish a petrochemical factory with a daily capacity of 40 tons capacity, a potable water factory with a capacity of 23 million bottles per annum, and the expansion of a chloral-soda factory. It also granted 52 new industrial licenses. In a statement issued […]

Iraq to Increase Oil Supplies to Jordan by 50%

Jordan's Prime Minister, Marouf Bakhit, said that Iraq has agreed to increase the volume of daily oil supply to Jordan from 10,000 barrels to 15,000 barrels, with plans to increase the quantity to 30,000 barrels a day eventually. The two countries have agreed in principle to a planned crude oil pipeline stretching between the neighboring […]

$164m 'Fraud' Found in Baghdad Municipality

The discovery of two fake contracts in which officials from Baghdad municipality were involved has shed new light on the extent of corruption in the country, according to a report from Azzaman. The municipality claims that two of its senior officials were involving in doctoring two $164 million contracts for the construction of sports stadiums […]