Petronas, the Malaysian state oil firm, has agreed to train 60 Iraqi oil engineers to help it develop the Gharaf oilfield. The engineers will attend an intensive 6-month course in Malaysia and will then be sent back home to supervise the company’s operations, according to a report from Azzaman. Petronas and Japan Petroleum Exploration Co […]
Anbar Council has launched a project to upgrade its three border crossings, with the intention of raising additional revenue, the head of the council’s investment committee said on Tuesday. The three border crossings are: Arar (on border with Saudi Arabia); Tarbiel [Tirbil] (on border with Jordan); and al-Tanf (on border with Syria). The project will […]
The Kurdistan Regional Government UK Representative yesterday and today in Belfast met Trade Minister Arlene Foster, politicians and the private sector to forge closer ties with Northern Ireland. On her first visit to Northern Ireland, Ms Bayan Sami Abdul Rahman met the Minister for Enterprise, Trade and Investment at Parliament Buildings. Mrs Foster said, “I […]
Iraq's oil ministry announced on Friday that it would begin drilling for oil in the southern Gharraf oil fields by the end of the year. Officials said initial production levels of 50,000 barrels per day from eight oil wells are expected. Malaysia's state-owned oil company Petronas and the Japan Petroleum Exploration Company (Japex) signed a […]
The Diwaniya province has achieved revenues of around ID2 billion [$1.7m] from refining oil. “These revenues are for the year 2010,” a local source told Aswat al-Iraq news agency on Thursday. He explained that the amount is not big or important to the province. “The Iraqi law has not given Diwaniya oil revenues as other […]
Erbil will host Iraq’s major construction sector trade fair later this month as the country’s demand for private sector housing and infrastructure continues to grow. The third Project Iraq trade fair will bring together some 300 exhibiting companies from all over the world on 27 - 30 September and is expected to attract 50,000 professional […]
Half a year after the Iraqi elections in March, the country is still without a government. And in some quarters, there is no sign of urgency. Ayad Allawi, leader of the Iraqiya group, said during the week: "I hope in October some time, late October (things will be sorted out) … We are still in […]
Iraq’s State Oil Marketing Organisation (SOMO) has raised the official selling prices for its Basra Light and Kirkuk crude grades for October loading to the U.S. and Europe. In common with some other countries, Iraq’s oil is priced relative to regional benchmark prices: * For shipments to US, contracts are priced are relative to the […]
China's CNPC and its partners Total and Petronas have invited oil service companies to bid for the redevelopment of 10 oil wells in the 4.1 billion-barrel Halfaya oilfield. Bidders are invited to provide acid stimulation services on 10 wells within a one-year period to maximize the inflow area of the wellbore in oil and gas […]
The Iraqi government has formed a committee to discuss its numerous disputes with the Kurdistan Regional Government (KRG), AKnews reports. Salam Yaseen, an economic adviser to the Iraqi government, told AKnews that the committee will discuss a range of issues with the Kurds including the oil and gas exports by the KRG that recently caused […]
A delegation from the South Korean STX company met officials from the State Company for Iraqi Ports on Wednesday to discus ways of boosting cooperation in the ship-building field, according to a report from Aswat al-Iraq. “The meeting ended with the agreement to send a delegation from the Iraqi company to Korea to benefit from […]
On the occasion of International Literacy Day, UNESCO calls on national institutions and civil society to join forces to promote literacy for all as a tool for inclusive and sustainable development in Iraq. “I take this occasion to call upon governments, international organizations, civil society and the private sector to scale up their support to […]
