By John Lee. Norway's DNO has stated that its July 2016 proposal to acquire Gulf Keystone Petroleum (GKP) has expired, "as certain conditions to the recent financial restructuring set by Gulf Keystone itself appear not to have been met." In a statement, the company said: "Given the resulting uncertainties about Gulf Keystone's asset, commercial oulook […]
DNO ASA, the Norwegian oil and gas operator, today announced a third consecutive quarter of operating profits and the completion of the first phase of the 2016-2017 drilling campaign at the Company's flagship Tawke field in the Kurdistan region of Iraq. Four new production wells at Tawke, three of which targeted the shallow Jeribe reservoir […]
After months of reviewing reports and databases to resolve cases in which coalition airstrikes may have resulted in civilian casualties, U.S. Central Command officials have determined that over the past year, 24 U.S. airstrikes targeting the Islamic State of Iraq and the Levant may have killed as many as 64 civilians and injured eight others […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq on Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and remotely piloted […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 15 remittance companies took part in its currency auction on Thursday. A total of $148,551,279 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
The Iraqi government has said that the election of Donald Trump as US president will not change its relationship with the United States. Government spokesman Saad al-Hadithi told Rudaw: “The Iraqi-American strategic agreement, including the economy and war on terror are all mutual files between the two countries and these ties will remain as they […]
Mott MacDonald has been appointed by Qaiwan Group to provide engineering, procurement and construction management services for the new Xarajyan oil terminal in Iraqi Kurdistan. The facility will handle petroleum products such as gasoline, diesel, aviation turbine fuel, kerosene, fuel oil and liquefied petroleum gas. Qaiwan Group is a 2000-strong privately-owned company headquartered in Sulaymaniyah, […]
The Iraqi Government and Lufthansa Consulting are continuing their longstanding relationship in order to further enhance the aviation system in Iraq. The country’s Ministry of Transport signed a comprehensive agreement for a long-term strategic advisory and implementation project that will focus on restructuring the national carrier Iraqi Airways and the Iraq Civil Aviation Authority (ICAA) […]
The KRG Ministry of Natural Resources announces the publication of the Kurdistan Oil Production Report. The report is compiled from data provided by the oil producing companies operating in the Kurdistan Region, and details overall oil production, export, refining, and local trading in KRG-operated fields from January 2015 to September 2016. It also breaks down […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Monday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter […]
IN NUMBERS 42,000 people are currently displaced 70% of displaced people are in emergency camps 30% of displaced People are in host communities 40,000 more spaces are available to shelter displaced people in emergency camps 450,000 additional spaces are under construction or planned 41,000 people have been reached by first-line emergency assistance SITUATION OVERVIEW The […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 15 remittance companies took part in its currency auction on Wednesday. A total of $146,910,320 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
