Anton Oilfield Services Group (Antonoil) has announce today that the Group has received a notification from an internation oil company (IOC) customer operating at an oilfield in southern Iraq stating that Antonoil has been named as the preferred bidder for related oil production operation and maintenance services project on the site. In this regard, both […]
By John Lee. In a results statement this morning Schlumberger reported that its activity in Iraq has continued to decline, adding: "In Iraq, Wireline introduced LIVE PL digital slickline production logging services for the Rumaila Operating Organization in the Rumaila Field. LIVE PL technology provided real-time production logs on wells where memory logging was previously […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. They are among the most trusted allies of the international coalition in the fight against ISIL in Iraq. Kurdish fighters benefit from military and political support. But they are also being accused of […]
By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. It’s official: Sunnis joining Iraq's Popular Mobilization Units Sunnis are saying "sign me up" now that Iraqi Prime Minister Haider al-Abadi has approved the appointment of 40,000 Sunni fighters to the Popular […]
By John Lee. Iraq's Etihad Food Industries will reportedly start production at its new $100-million edible oils refinery in Babylon by the end of the year. Commercial Director Haidar Alnoumany told Reuters that the company started building the infrastructure two months ago, and when in production it will source crude (edible) oil from many origins […]
Prime Minister Dr. Haider Al-Abadi met the President of the World Bank, Mr. Jim Yong Kim, and his accompanying delegation on Thursday on the sidelines of the World Economic Forum in Davos. During the meeting, they discussed the World Bank's support for Iraq with expertise and simplification of procedures and help to reform the banking […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Between Black Gold, Bleak Prospects: Visiting The Iraqi Shanty Town Between Two Oil Fields NIQASH visits Wasit's Oil Town. But this is no wealthy area for oil billionaires. This shanty […]
By Saad Salloum for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Unlike other religious minorities in Iraq, Sabian Mandaeans meet their election quota by selecting members within their community for parliament and provincial councils. The community’s three bodies — the Spiritual Council, General Assembly and […]
By John Lee. The US State Department has approved a possible Foreign Military Sale of F-16 weapons, munitions, equipment, and logistics support to Iraq. The estimated cost is $1.950 billion. The Government of Iraq requested a possible sale of additional weapons, munitions, equipment, and logistics support for its F-16 aircraft. Major Defense Equipment (MDE) includes: […]
By John Lee. The head of the state-run Maysan Oil Company (MOC) has told Reuters that China National Petroleum Corporation (CNPC) can go ahead with plans to double output at Halfaya (pictured) to 400,000 bpd if it agrees to be reimbursed when the additional oil is actually produced. Adnan Noshi denied Iraqi media reports that the […]
By John Lee. The head of the KRG Committee to Respond to International Reports, Dindar Zebari (pictured), has said that the KRG rejects all accusations made about Peshmerga forces by Amnesty International. He told K24: “The Peshmerga have liberated large swaths of territory from Daesh [IS] and have helped civilians regardless of their ethnic and […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strike in Syria Fighter aircraft conducted […]
