By John Lee. The Maysan Oil Company (MOC) wants to develop the Howaiza oil field, an associated field located on the Iranian border and extending to 63 kilometers to the east of Maysan governorate. Mr. Adnan N. Sajit, the director general of the MOC, said the first well was drilled at the Howaiza field at […]
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. Iranian Dam Threatens Iraqi Kurdistan’s Legendary Sirwan River When neighbouring Iran tested their new dam recently, levels on an important Iraqi Kurdish river dropped four meters. Locals fear when the […]
Iraqi experts were trained on cyber defence at the Middle East Technical University (METU) in Ankara, Turkey to improve their expertise and technical knowledge and to contribute to the strengthening of Iraqi national cyber defence capabilities. This course was supported by the Science for Peace and security (SPS) Programme. Addressing Iraq’s needs This training course […]
British water engineering company Biwater has been awarded a $1.2 billion contract by the Kurdistan Regional Government to meet vital water supply and sanitation needs. Biwater have been contracted to deliver water and wastewater treatment solutions for the cities of Erbil and Sulaimani in the Kurdistan Region of Iraq. Works will alleviate the current strain […]
KRG Foreign Minister Falah Mustafa shed light on KRG’s international outreach, ties with Baghdad and the neighboring countries and Kurdistan’s contribution to regional stability, at this week's Kurdistan-Iraq Oil & Gas Conference, arranged by CWC Group in London. Below is the full text of Minister Mustafa’s speech: Excellencies, distinguished guests, ladies and gentleman, I am […]
Freezing Temperatures in IDP Camps: UN Women Iraq Distributes High Thermal Blankets and Necessity Kits to Women and Girls in two camps Near Eastern Mosul The UN Women Iraq team went on mission near eastern Mosul this week to distribute 3,000 high thermal blankets to women and girls in two camps. Women and girls have […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and fighter aircraft conducted […]
By Padraig O'Hannelly. The Kurdistan Regional Government’s Minister of Natural Resources, Dr Ashti Hawrami (pictured), has defended the KRG's treatment of oil companies in the Region. This follows criticism by the head of Norwegian oil and gas operator DNO, which operates the Tawke block, at CWC Group’s Kurdistan-Iraq Oil & Gas Conference in London. Executive […]
By Padraig O'Hannelly. The Kurdistan Regional Government's Minister of Natural Resources, Dr Ashti Hawrami, has announced that 20 new and redrawn oil blocks will become available for bidding in 2017. Speaking at this week’s Kurdistan-Iraq Oil & Gas Conference in London, arranged by CWC Group, the Minister said that contract terms "will continue to be […]
By John Lee. Sky News has learnt that the former head of BG Group, Chris Finlayson, is being lined up to take over from Tony Hayward as Chairman of Genel Energy. An appointment is unlikely to be finalised until sometime in the new year, and Genel is also considering other candidates for the role, according to […]
By John Lee. According to a report from Reuters, commodities giant Glencore will likely fall short of its target of raising $550 million to pre-finance the purchase of Kurdish oil. Industry sources told the news agency that investors are exercising caution despite the 12 percent bond yield, and that Glencore has received investor commitments for […]
By John Lee. NATO is to start running training programs for the Iraqi military in Iraq itself from January. The alliance’s Secretary General Jens Stoltenberg told a press conference: "... we have already training activities in Jordan where we train Iraqi officers and we have trained several hundred officers there already. "We will continue our […]
