By John Lee. Iraq’s State Oil Marketing Organization (SOMO) is reportedly trying to acquire storage tanks in Asia. According to Reuters, any deal may involve a profit-sharing arrangement. (Source: Reuters)
SOMO may buy Oil Storage in Asia
By John Lee. Iraq’s State Oil Marketing Organization (SOMO) is reportedly trying to acquire storage tanks in Asia. According to Reuters, any deal may involve a profit-sharing arrangement. (Source: Reuters)
By John Lee. The United Nations has advertised new positions in Iraq: Rehabilitation Technical Advisor, Humanity and Inclusion (HI) Senior Humanitarian Affairs Officer/Deputy Head of Office, OCHA - Office for the Coordination of Humanitarian Affairs Information Analyst Political Affairs, UNAMI - United Nations Assistance Mission for Iraq UNV Programme Analyst, UNDP - United Nations Development […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Project Assistant Cultural Orientational, IOM - International Organization for Migration Senior Livelihoods and Enterprise Development Officer, IOM - International Organization for Migration Communication and Reporting Officer, UNOPS - United Nations Office for Project Services ICLA Data and Reporting Officer, Norwegian Refugee Council […]
The Iraqi Ministry of Interior has commissioned German-based Veridos to build and operate factory for the production of Iraqi security documents. According to a statement from the company, it will provide Iraq with secure national ID cards and a reliable, consistent national register. The entire production process of the documents will be in Iraqi hands. […]
UK-based Aggreko (Middle East) and Iraq's North Refineries Company have signed a contract for rental of temporary power generators to supply 15MW of power to Baiji Refinery as a first stage. For Aggreko, the world’s largest supplier of temporary power, which also supplies South Refineries Company with 25MW, This contract will help broaden the partnership […]
Irish-based Petrel Resources has said it is "re-establishing its Baghdad operations". In its interim statement for the six months ended 30 June 2018, the company said: "As we approach the end of 2018, Iraq is fitfully emerging from conflict, and again open for responsible business. Baghdad has re-established its authority, by defeating Da'ech insurgents and […]
Gulf Keystone Petroleum (GKP) has announced the appointment of Kimberley Wood as a Non-Executive Director with effect from 01 October 2018. Kimberley Wood is a legal professional with 18 years' experience and a specialist in the oil and gas sector. Most recently she was Head of the Oil and Gas for EMEA at Norton Rose […]
Comtech Telecommunications Corp. (Nasdaq: CMTL) announced on Monday that during its first quarter of fiscal 2019, its Orlando, Florida-based subsidiary, Comtech Systems, Inc., which is part of Comtech’s Government Solutions segment, has received a $9.1 million sole-sourced contract from The Program Executive Office (PEO) Command, Control, Communications, Computers and Intelligence (C4I), International C4I Integration Program […]
Iraq is negotiating with the U.S. for exemptions from the impending snap-back of sanctions against Iran, arguing that it could not cut consumption of Iranian electricity and natural gas immediately without suffering serious economic harm and social instability. An Iraqi delegation was in Washington last week seeking a waiver for its cross-border trade, meeting with […]
Police officers in Garmiyan [Garmian] Administration have completed a two-day training course organized by the United Nations Assistance Mission for Iraq (UNAMI) Human Rights Office (HRO) on core human rights principles relating to police work. The training course on 18 and 19 September, entitled “Rights of Persons Under Investigation,” was part of a series of […]
The World Bank Group and the European Union have signed a €15.6 million (US$18.1 equivalent) technical assistance program to strengthen public financial management (PFM) oversight and accountability Institutions in Iraq and increase the efficiency in the management of public resources and delivery of services. The initiative, which will be implemented jointly by the European Union […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. US sanctions have made it too expensive for Iranian Shia Muslims to travel to Iraq to mark Ashoura. Ashoura is a day of remembrance, commemorating the death of Imam Hussein, a grandson of […]
