More than 100 airport and government dignitaries, customers and suppliers joined dnata’s senior management last night for a gala dinner in Erbil to celebrate the re-launch of the dnata brand in Iraq. Since its launch in March 2010, dnata’s operation at Erbil International Airport has expanded steadily, providing comprehensive ground handling and cargo services to […]
Bloomberg's Eduard Gismatullin interviewed Peter Voser, chief executive officer of Royal Dutch Shell Plc, at the World Petroleum Congress in Doha, Qatar, on Tuesday. His comments on operations in Iraq start about 9 minutes into the interview. (Source: Bloomberg) His comments on operations in Iraq start about 9 minutes into the interview.
DNO issued an update this morning on it operations: DNO's WI production from the Tawke Field in October 2011 was 26,649 bopd. DNO’s WI production 2011 YTD from Kurdistan was 35,517 bopd. The production figures from Tawke are reported as follows: The gross production from the Tawke field during October was 42,806 bopd, and this […]
Iraq is planning to reduce civil service employment by one third, according to a report from AKnews. Head of the Financial Committee at the House of Representatives, Haidar Edadi told the agency that 125,000 jobs will be reduced to 85,000 "due to budget deficiency for the investment projects." (Source: AKnews)
Iraq is reported to be in talks with the United States about the exploration deals signed by ExxonMobil in Iraqi Kurdistan without Baghdad's approval, according to a report from Reuters. Deputy Prime Minister for Energy Affairs Hussain Al Shahristani (pictured) said that Iraq was considering several options, not sanctions, over the deal and there was […]
Reuters reports that iraq's oil ministry has asked consultants to draw up a plan with a lower output level and longer timeframe to achieve its oil output plans. Iraq's existing deals with international oil firms aim to boost its output capacity to 12 million bpd by 2017 from around 2.95 million bpd currently. But Iraq […]
Iraq bought 120,000 metric tons of rice from India and Pakistan, reports BusinessWeek. The total amount consisted of 90,000 tons of the grain from Pakistan and 30,000 tons from India, said Hassan Ismail Ibrahim, director general of Iraq's Grain Board. Iraq consumes 1.25 million tons of rice a year, mostly imported, according to Ibrahim. The […]
The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]
Under the patronage of His Excellency the Prime Minister of Iraq, the Ministry of Planning lunched findings of Iraq Knowledge Network (IKN) survey. The Deputy Minister of Planning and Head of Iraq’s Central Statistics Organization, Dr. Mehdi Al-Alak, and the Deputy Special Representative of the United Nations Secretary-General and Resident & Humanitarian Coordinator for Iraq, […]
Speech by KRG Minister Herish Muharam, Chairman of the Kurdistan Investment Board, to “Iraq – Untapped Opportunities” Conference in London. Ladies and Gentlemen, I’m very pleased to participate in this important conference on the untapped opportunities in Iraq. As the Chairman of the Kurdistan Board of Investment, it’s my pleasure to be speaking to you, […]
Following the signing of the gas deal with Shell and Mitsubishi, the Iraqi Oil Ministry is considering exploiting flared gas at other oilfields, including in Missan [Maysan]. The Minister of Oil, Abdul Karim Luaibi [Abdul-Kareem Elaibi] told AKnews that the Iraqi government is considering projects similar to the Basra Gas Company. It is noteworthy that […]
According to a report from Tokyo Times, Japan's Minister for Economy, Trade and Industry, Yukio Edano (pictured), has told Nuri al-Maliki of Japans’s desire to work on the development of Iraqi oil fields. It was reported that a Japanese consortium led by Nippon Oil had been optimistic about securing the right to develop the Nasiriyah oil […]
