The Iraqi cabinet has delayed finalising a multibillion-dollar deal with Anglo-Dutch giant Royal Dutch Shell and Japan's Mitsubishi to capture gas from Basra's oilfields because of legal issues related to the joint venture, AKnews reports. The cabinet already approved the planned $12 billion investment in June, but it is now waiting to sign the final […]
Jordan is hoping to triple oil imports from neighbouring Iraq to help meet domestic demand, the Jordanian energy minister, Khalid Irani, has said. The country currently imports almost all of its energy needs, and has asked Iraq to increase supplies of crude transported by truck from the current level of 10,000 barrels a day to […]
Mott MacDonald has been appointed by BGR Energy Systems to carry out detailed engineering and procurement support for the Akas and Al-Mansuria gas fields which are being developed by the State Company for Oil Projects. The project is being developed to meet the growing demand for gas within Iraq. The gas produced from the two […]
The Defense Security Cooperation Agency [DSCA] notified Congress today [September 24, 2010] of a possible Foreign Military Sale to Iraq of contractor technical support of the Iraqi Defense Network and associated parts and equipment for a complete package worth approximately $98 million. The Government of Iraq has requested a possible sale of contractor technical support […]
The Defense Security Cooperation Agency [DSCA] notified Congress today [September 24, 2010] of a possible Foreign Military Sale to Iraq of contractor logistics support for Mobile Communications Centers and associated parts and equipment for a complete package worth approximately $57 million. The Government of Iraq has requested a possible sale of contractor technical support for […]
In the Iranian first half-year (starting March 21) $443 million [530 billion Iraqi dinars] worth of goods were exported to Iraq through border crossings in Iran’s Kermanshah Province. ISNA news agency cited a report by Kermanshah Customs Administration stating that the exported items included cement, fish, dairy products, vegetables, fruit, and confectionary and aluminum retainers. […]
Further to our report yesterday on the police raid on CNPC's al-ahdab oilfield, Iraq's Oil Ministry said on Tuesday that security forces had violated the law, and expressed concern for the affect it could have on foreign investment in the oil sector. "Oil sites and facilities are under the control of the Central Government and […]
Mott MacDonald, the leading global management, engineering and development consultancy, is a sponsor of the UKTI (UK Trade and Investment) and EIC (Energy Industries Council) conference on oil and gas opportunities in Iraq. The conference programme started in London at the EIC on 28 September and moves to Middlesbrough Football Club on 29 September and […]
The Pentagon issued a proposal on Monday to sell weapons worth $4.2bn to Iraq, including 18 F-16 fighter aircraft, Sidewinder air-to-air missiles, laser-guided bombs and reconnaissance equipment, according to a report from the Financial Times. The Pentagon said the proposed arms sales would make Baghdad “a more valuable partner in an important area of the […]
ExxonMobil (XOM.N) and its partner Royal Dutch Shell (RDSa.L) plan to more than double the number of new wells in Iraq's West Qurna Phase One in order to reach its projected production target, an Exxon executive said on Monday. According to Reuters, quoting ExxonMobil's Iraq Vice President, James Adams, Exxon aims to drill two to […]
Azzaman news agency reports that the Iraqi government has agreed to allocate $10 billion for the reconstruction of Sadr City, and that talks with international firms have reached an advanced stage. Sadr City is on the outskirts of Baghdad and is perhaps Iraq’s most impoverished town, but if the reports are correct is should become […]
Iraq inaugurated the first of its fleet of new US-built patrol boats on Sunday, part of the effort to boost its naval capacity and secure key oil platforms ahead of the American pullout next year, according to an AFP report. The rapid build-up of the Iraqi navy is seen as crucial to protecting the terminals […]
