By John Lee. Petroceltic International has announced that it has spudded two wells: Shakrok-1, the first well in its drilling campaign in the Kurdistan Region of Iraq and Cobalcescu South, part of its planned multi-well drilling campaign, offshore Romania. Kurdistan Region of Iraq In July 2011 Petroceltic announced that Petroceltic Kurdistan Limited ("Petroceltic Kurdistan") had […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi Ministry of Oil (MoO) prepared a complex contract commensurate with the structure and complexity of Nasiriya Integrated Project (NIP), to be offered in a bid round scheduled for December 2013. […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th August 2013). According to Central Bank of Iraq (CBI)’s announcement, CBI’s board has decided to lift custody over Warka Bank on August 25, 2013 after the Financial Services Court has made a final decision about the custody case on May 26, 2013. […]
By John Lee. The Central Bank of Iraq (CBI) has announced that its board has decided to "lift custody [guardianship]" over Warka Bank on August 25, 2013, following a final decision made by the Financial Services Court on 26th May, 2013. Warka Bank announced on its website that: "This decision comes in accordance with the […]
By John Lee. The Royal Jordanian Air Academy in Amman, Jordan, has won a firm-fixed-price contract valued at $12,789,935 for English language and technical training to Iraqi Air Force students. Training will be at the Royal Jordanian Air Academy, and is expected to be completed by Aug. 8, 2014. (Source: U.S. Department of Defense)
The U.S. Embassy Baghdad is hosting two senior administrators from Stanford University from August 25 to September 3 to partner with the Government of Iraq in expanding graduate degree opportunities for Iraqi students in the United States. Under the Strategic Framework Agreement between the United States and Iraq, promoting cooperation in higher education is a […]
By John Lee. Ruebin S. Thomas, a former civilian contractor, has pleaded guilty to stealing two electric generators from a U.S. military base in Iraq, reports Associated Press. Thomas, who worked for Honeywell Technologies at the Camp Victory Base Complex in Baghdad, stole two generators valued at $176,000 each in June 2009. Sentencing was scheduled […]
By Mustafa Habib. 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. In a country like Iraq, where most careers come courtesy of the government, its not what you know, but who you know – or how much […]
By Harith Hasan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is currently the scene of a sharp regional conflict between Iran and its opponents. This is nothing new, however. Regional events have come to show that any country witnessing political or social instability, amid […]
By John Lee. General Dynamics Land Systems has been awarded a $56,481,809 cost-plus-fixed-fee, non-option eligible, non-multi-year contract modification (P000109) of contract (W56HZV-13-D-0015) for continuation of contractor logistics support and base life support services in Iraq. This is part of Foreign Military Sales to Iraq. Performance location will be Iraq with funding from fiscal 2013 Other […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi authorities admitted that they are not providing facilities to foreign workers and oil companies operating in Iraq. Oil Ministry spokesman Assem Jihad told Al-Monitor, “Iraqi parties in charge of the […]
A delegation from the Kurdistan Regional Government visited Northern Ireland this week to take forward an agreement that forges cooperation in several sectors between Kurdistan and Northern Ireland. The delegation, led by Minister Falah Mustafa, Head of the Department of Foreign Relations, was hosted in Enniskillen by Arlene Foster, the Northern Ireland Minister of Enterprise, […]
