The oil and gas industry in Iraq has seen a lot of activity in recent days – just look at the following news items:
- Oil Law “Will be Passed Without Iraqiya if Needed”
- GKP Soars on Renewed Bid Rumours
- Genel Energy to Upgrade Tawke Oilfield
- WesternZagros Provides Operational Update
- DNO Completes Merger with RAK
- Gulf Keystone Updates on Kurdistan Operations
- Rumours of Genel Energy Purchase in Chia Surkh
- Najaf Refinery Output Up 30% in 2011
But while the energy sector makes up the lion’s share of Iraqi business, it’s important to remember that it’s not the whole story, and there are opportunities to develop all sectors of the economy.
Whatever sector of the economy your business operates in, Upper Quartile and AAIB Insurance – Iraq Insurance are here to help you. For more information please contact Gavin Jones or Adrian Shaw.
One of the biggest problems in this oil field, is the lack of payment by the central gvmt for the shipped crude. How can you run a company without getting paid??!! Iraq business is a big joke.
I think people care more about the direction of Iraq’s economy.There is no doubt that Oil and Gas is a vital sources for Iraq, but This a bright future country right now still confront many troubles here.