Iraq's transport minister, Hadi al-Amiri, said in an interview with Al Sumaria News that his ministry "has contracted with Boeing to buy 45 aircraft." The planes are to be delivered between 2013 and 2020. (Source: Al Sumaria News)
The past week has seen two of the biggest oil stories in recent times in Iraq -- the approval by the Iraqi cabinet of the $17 billion project with Shell and Mitsubishi to capture gas from Iraq's main southern oilfields, and the confirmation that the KRG has signed an exploration agreement with the giant ExxonMobil. […]
Iraq is expected to compete with both Iran and Russia in the natural gas market in Turkey and Europe, thanks to its geographic location and prices, according to a report from Al Sumaria TV. A marketing expert on the sidelines of the Kurdistan Oil & Gas conference told the agency: “The European Union has real […]
As part of its interim management statement, Heritage Oil plc has issued an update on its operations in Iraqi Kurdistan. : Heritage successfully completed testing of the Upper Cretaceous reservoir in the Miran West-3 well after drilling to a depth of 876 metres. During testing the maximum measured rate achieved from this reservoir section was […]
As part of its interim management statement, Afren plc has issued an update on its operations in Iraqi Kurdistan. The shares are up 11% since the statement: On 2nd November, the Company announced completion of the acquisition of a 60% operated interested interest in the Barda Rash PSC and 20% non-operated interest in the Ain […]
The following article was published on Monday 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 […]
Iraqi Deputy Premier for Energy Affairs Dr. Hussein Shahristani met US Deputy Energy Secretary Daniel Poneman (pictured) on Tuesday to discuss economic relations between the two countries. Aswat al-Iraq reports that the meeting was attended by the US ambassador to Iraq, James Jeffrey. Shahristani expressed Iraq's readiness to supply world markets with oil based on […]
Basra Investment Commission announced on Tuesday that it had agreement reached with Iraqi authorities to grant investment visas within 48 hours. The Commission's Chairman said this would be a major step in reducing red tape, and will help investors to seize opportunities and contribute to the development of the economy. (Source: BIC)
EOD Technology, Inc. (EODT), a leader in stability operations support services worldwide, has received its Mine Action accreditation from Iraq’s Ministry of Environment. With this accreditation in place, EODT will expand its current operating footprint in Iraq to support the country’s infrastructure reconstruction and development initiatives. EODT has been operating in Iraq continuously since 2003 […]
Reuters reports that Iraq's cabinet approved a $17 billion deal with Royal Dutch Shell and Mitsubishi on Tuesday to capture gas that is now being flared off in the oilfields around the southern oil hub of Basra. The 25-year venture is expected to help Iraq make use of more than 700 million cubic feet per […]
Speech by British Ambassador, Michael Aron at the Kurdistan-Iraq: Oil & Gas Conference Mr Chairman, Prime Minister, Ladies and Gentlemen. Thank you for inviting me to speak at Kurdistan-Iraq Oil & Gas 2011. The timing could hardly be better.. as the country with greatest potential for increasing conventional oil production in the medium term, the […]
The Kurdistan-Iraq Oil and Gas Conference in Erbil heard confirmation that the Kurdistan Regional Government has signed an oil exploration contract with ExxonMobil, the world's largest oil company. Ashti Hawrami, the minister for natural resources, told the conference that the KRG had signed a contract with ExxonMobil and that the federal government was kept informed […]
