Author Archive | Editor

Hydrocarbon Reserves in Iraq

By Dr Thamir Uqaili Dr Uqaili is E&P Consultant and CEO of Petroconsult Canada & Associates. He has BSc in Oil Technology and PhD in Petroleum Engineering form the Imperial College in addition to MSc in Water Resources Technology from Birmingham University. Dr Uqaili worked in over ten countries including some 35 years in Iraq, […]

Saipem Wins Contract for Basra Oil Export Expansion Project

Iraq's South Oil Company has awarded Italy's Saipem the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal (ABOT), off the Al Faw Peninsula in the Arabian Gulf, approximately 550 kilometres south-east of Baghdad. The contract encompasses the engineering, procurement, […]

7th Annual Erbil International Trade Fair

Kurdistan’s private sector held a press conference on Wednesday to announce the forthcoming 7th annual Erbil International Trade Fair, Iraq’s largest general fair. The trade fair this year, which takes place from 24 to 27 October, will be the largest in terms of size and the number of companies, highlighting the rapid economic growth in […]

Radiation-Contaminated Japanese Materials Seized in Umm Qasr

Umm Qasr port administration has announced the seizure of materials contaminated with radioactive isotopes imported from Japan, according to Aswat al-Iraq. A source told the news agency that an imported fork-lift, heading for the private sector, was discovered to have been contaminated by radiation. No information was given on the volume of radiation in the […]

Australian Company Sues US Contractor on Iraq Deal

Morris Corporation, owned by Brisbane-based Robert McVicker, is suing one of the biggest US military contractors, Kellogg Brown & Root (KBR), for millions of dollars following the abrupt termination of an Iraq deal in mid-2003. According to the report from the Sydney Morning Herald, the Australian company that provides mass catering for US troops and […]

WesternZagros Secures Investment, Shares Surge

WesternZagros Resources has announced a strategic investment agreement with the Abu Dhabi National Energy Company PJSC ("TAQA"). The company's shares have risen 23% since Friday's close. Under the Agreement, TAQA will purchase, through a private placement, 74 million common shares in the Company at C$0.63 per share for gross proceeds of C$46,620,000. When this private […]

Iraq Seeks to Buy 2.43mt of Oil Products

The Gulf Today reports that Iraq's State Oil Marketing Organisation (SOMO) has issued a tender to buy: 1.365 million tonnes of gasolinen (unleaded 92 RON); 773,000 tonnes of 0.1 percent gas oil; and, 292,000 tonnes of jet fuel. The fuel is for delivery into Khor Al Zubair terminal between January and June 2012. (Source: Reuters, […]

Iraq Deputy PM to deliver the Keynote Address at ‘Iraq: Untapped Opportunities’

The Iraq Deputy Prime Minister for Energy, Dr. Hussain al-Shahristani, will be delivering the keynote address at the ‘Iraq: Untapped Opportunities’ conference in London on 22 November 2011, arranged by the Middle East Association and supported by the National Investment Commission of Iraq, UK Trade & Investment and Allurentis. Dr. al-Shahristani will be joined by […]

DAF in Discussions on Iraq Fleet

Iraq’s Land Transportation Company is in discussions with Dutch manufacturers DAF over the replacement of vehicles in its current fleet, reports Construction Weekly Online. According to the LTC’s media department, General Manager Abbas Omran Musa met with a delegation from DAF to discuss the supply of DAF trucks to expand the State Company’s fleet and […]