By John Lee. A group of companies led by Hyundai Engineering & Construction has won a $6.04-billion contract to build the new 140,000-bpd Kerbala oil refinery. The Iraqi cabinet approved the deal between the Oil Ministry's State Company for Oil Projects (SCOP) and the consortium on Tuesday. Construction is to be completed within 54 months. […]
The KRG Ministry of Natural Resources (MNR) gives public notice of the commencement of the sale of its first shipment of crude oil exported via Kurdistan Region’s new pipeline through Turkey to the Port of Ceyhan (pictured). MNR anticipates the sale of the first parcel of two million barrels of exported crude oil to occur […]
The Special Representative of the United Nations Secretary-General for Iraq (SRSG), Mr. Nickolay Mladenov (pictured), said that the UN is working closely with the Iraqi national and regional authorities as well as with humanitarian partners to ensure safe passage for humanitarian assistance and emergency supplies to both the stranded and displaced families of Anbar province. […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Bombings, shooting and attacks in Iraq have increased since US troops flew home two years ago. But the White House denies the US withdrawal has allowed America's enemies to flourish. Al Jazeera's Mike […]
The Kurdistan Regional Government UK Representation is delighted to announce a seminar for a visiting Erbil Trade and Investment Delegation to the UK, led by Ms Nawroz Mawlood, the Head of Erbil Branch of the Board of Investment, on 21st January 2014 from 2.30pm to 5pm at the Middle East Association, 33 Bury Street, London […]
By Robert Tollast. Robert Tollast is a consultant at Noorbridge, a Helsinki based consultancy with staff in London and Nasiriyah, Iraq. He has written extensively on security, politics and economic issues in Iraq for various publications, and is currently researching a modern history of Iraq with support from The Middle East Forum. email: [email protected] twitter: […]
By John Lee. Petroceltic International has provided an operational update today together with guidance for its 2014 production outlook and exploration and development work programmes. Highlights 2013 production in-line with guidance at 25.2 Mboepd; 2014 forecast production range of 20.0 to 22.0 Mboepd Shakrok well in Kurdistan Region of Iraq drilling ahead at 1818 m […]
By John Lee. London-based Aegis Defence Services has been selected by the Governor of Basra to provide him and his Security Committee with support in the procurement of enhancements to their security. A formal contract was signed recently in Basra between the Governor and Aegis Chief Executive Graham Binns (pictured), who as a Major General […]
By John Lee. The Voice of Russia reports that 13 Russian Mi-28NE “Night Hunter” helicopters have arrived in Iraq. The Alsumaria television channel said the helicopters would be used in the counter-terrorism operations in Anbar Province. The shipment is part of a total deal for around 40 Mi-35 and Mi-28NE attack helicopters to be supplied […]
By John Lee. An Iraqi parliamentary committee has asked the Commission of Integrity to investigate the contract awarded to Satarem to build a $6-billion refinery in Maysan. Iraq Business News' Expert Blogger Ahmed Mousa Jiyad recently questioned the legitimacy of the contract signed with the Swiss company, prompting the Ministry of Oil to issue a statement […]
The U.S. Embassy in Baghdad is pleased to announce the open application period for the 2014 Middle East Partnership Initiative (MEPI) Student Leaders Program. In support of the U.S.-Iraq Strategic Framework Agreement, this program provides opportunities for Iraqi undergraduate students to travel to the United States for 6 weeks in the summer of 2014 to […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. At the end of 2012, Sunni tribes in Iraq's Anbar province began a series of protests that lasted throughout 2013. The initial demand was for the release of Sunni detainees; the detention of […]
