Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
The Al-Bayan Center for Planning and Studies has just published a new report by Hayder al-Khafaji on electricity generation in Iraq: Meeting energy needs in a manner that achieves security for Iraq has become a major source of concern for the electricity sector in the country; with the industry claiming that it lacks the capacity to […]
The Federal Republic of Germany, UNDP’s Iraq Crisis Response and Resilience Programme (ICRRP), along with the administrative authorities of Halabja and Sulaimaniyah Governorates and Garmiyan and Raparin Administrations today initiated 12 projects to improve essential services for an estimated 680,000 people. The projects target critical needs in the electricity, water, roads, and sewerage sectors and […]
By John Lee. The Gulf Cooperation Council (GCC) is reportedly in discussions with Iraq to connect electricity grids. An official at the UAE's Ministry of Energy and Industry told Reuters that the GCC could export its surplus electricity to Iraq. (Source: Reuters)
By John Lee. Canada's Torino Power Solutions Inc. has announced that it has been working with a U.K. based engineering firm that has existing business and projects in the Iraqi market. Torino was approached regarding its Power Line Monitoring (PLM) temperature sensors and in the last few months, the UK engineering firm has introduced the […]
Following a meeting hosted by the UK at the UN General Assembly, Minister for the Middle East Alistair Burt (pictured) has welcomed renewed commitments from international partners to support a strong stabilisation partnership with Iraq. Minister Burt said: "Today I hosted a roundtable on the future of Iraq with His Excellency Iraqi Foreign Minister Dr […]
Prime Minister Nechirvan Barzani opened Zakho Tunnel in a ceremony attended by cabinet ministers, members of Parliament, the Republic of Turkey’s Consul General to the Kurdistan Region, and a number of KRG officials. In a speech during the ceremony, Prime Minister Barzani said: “Opening of this tunnel on this important international highway that links the […]
UK-based Aggreko (Middle East) and Iraq's North Refineries Company have signed a contract for rental of temporary power generators to supply 15MW of power to Baiji Refinery as a first stage. For Aggreko, the world’s largest supplier of temporary power, which also supplies South Refineries Company with 25MW, This contract will help broaden the partnership […]
By John Lee. Prime Minister Haider Al-Abadi has asked Iraq’s Integrity Commission to investigate the delays and stoppages in some infrastructure projects in Basra and other southern provinces. He said some of these delays were the result of corruption, while other we because of what he described as a dereliction of duty and a failure […]
BP, Shell, Basra Gas Company, LUKOIL, Petronas and Chevron discuss Basra’s oil and gas megaprojects The 5th annual CWC Basra Megaprojects Conference - Oil, Gas & Environment will be held from 9-10 October in Istanbul, Turkey chaired by the EU Ambassador to Baghdad, Ramon Blecau. In a show of support for the rebuilding of Iraq, […]
UNHCR supports 130,000 Iraqis taking the first steps on the road to recovery, thanks to funds from the UK Department for International Development UNHCR, the UN Refugee Agency, completes a year-long series of activities this month, supporting 130,000 vulnerable Iraqis as they take the first steps on the road to recovery, thanks to the generous […]
By John Lee. Erbil’s main outdoor stadium will reportedly be sold off to a private investor. According to Rudaw, a new stadium will be built on the site of the Franso Hariri Stadium. The existing 28,000-capacity venue was built in 1956 and refurbished in 1992. More here from Rudaw. (Source: Rudaw) (Picture credit: Kushared)
Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of $22.6 million ($17.7 million net to GKP) has been received from the Kurdistan Regional Government (KRG) for Shaikan crude oil sales during June 2018. (Source: GKP)
