Archive | 2018

Total may Bid for Nassirya Oil Refinery

By John Lee. France's Total is said to be interested in bidding to build the greenfield 150,000-bpd Nassirya oil refinery. The Director General of the Dhi Qar Oil Company (DQOC), Ali Warid Hammood, told Reuters at the CWC Iraq Petroleum Conference in Berlin that bids are still open for the project, and that international oil […]

Saudi's SABIC "in talks" to join Nebras Petchem Project

By John Lee. Saudi Basic Industries Corp (SABIC) is in talks to join Iraq's Nebras petrochemical project, according to a report from Reuters. An advisor to Prime Minister Haider al-Abadi told the news agency at the CWC Iraq Petroleum Conference in Berlin that talks are at advanced stage at ministerial level. He said SABIC would enter […]

In Iraqi Kurdistan, Publishing Business Faces Final Chapter

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. By Narim Rostam. Over the past few years, Kurdish publishing houses have been finding it increasingly difficult to make a living. Even some of the best known are closing down […]

Zain Iraq, Ericsson Offer Boosted Data Services

By John Lee. In preparation for the anticipated increase in data traffic and demand in Iraq, Zain Iraq has invested in the implementation of Ericsson’s award-winning virtual Evolved Packet Core (vEPC) solution nationwide. The deal is Ericsson’s first vEPC contract in Iraq, and one of the first in the Middle East and Africa (MEA) region. […]

BOC "Preparing to Tender" for Water Injection Project

By John Lee. The Basra Oil Company (BOC) is reportedly preparing to tender for a water injection project in Iraq if talks with ExxonMobil and PetroChina fail. Reuters quotes the head of the Oil Ministry's Petroleum Contracts and Licensing Directorate (PCLD), Abdul Mahdi al-Ameedi, as telling reporters at the CWC Iraq Petroleum Conference in Berlin, […]

"Iranian Interference" in Iraqi Election Angers Iraqis

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iranian Interference in Iraqi Election stirs Anger among Iraqis Ali Akbar Velayati (pictured), Supreme Leader Ayatollah Ali Khamenei's top adviser on international affairs, paid an official visit to Iraq from Feb. 15-18. He made statements on […]

Market Review: Momentum & High-Quality Leadership

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The positive momentum which started during the second half of January continued unabated throughout February with both prices and turnover increasing meaningfully. The market, […]

Oil Exports Fall Slightly in February

By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for February of 95,940,404 barrels, giving an average for the month of 3.426 million barrels per day (bpd), a slight decrease from the 3.490 bpd exported in January. The exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Security Manager, Heartland Alliance for Human Needs Security Officer, Heartland Alliance for Human Needs Deputy Country Director - Support Services, Mines Advisory Group (MAG) Project Compliance Officer, UNOPS - United Nations Office for Project Services Project Support Officer, International Business and Technical Consultants, […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Project Manager for Tech for Food, UNAMI Project Assistant for Tech for Food, UNAMI Programme Policy Officer (Cash Based Transfers), UNAMI Protection Associate (Legal), UNAMI Project Manager (Tech for Food) CST, UNAMI Monitoring, Evaluation, Accountability and Learning Manager, Terre des hommes Logistician […]

5 New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced five new investment opportunities in Iraq: Rehabilitation and Operation of Basrah Salt Plant Investment Opportunity in Rubber Industries Investment Opportunity in Cement Sector Rehabilitation of Aluminum Plant/ Ur State Company Rehabilitation and Modernization of Bentonite Activation Plant (Source: National Investment Commission)

Iraq signs Memorandum of Cooperation with Kuwaiti Company

By John Lee. Iraq's Oil Ministry has signed a a memorandum of cooperation with the Kuwait-based company Al-Arfaj, with a view to capturing and using associated gas from Iraq's oil fields. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] ending gas flaring and using the gas for petrochemical production was a priority for the Ministry. According […]