Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. The Canadian government has confirmed that they have two cargo planes operational to assist in the transfer of arms and supplies to Iraqi Kurdish forces. Canadian Foreign Minister John Baird (pictured) went as far as to endorse US air strikes against the "brutal" ISIS: “Canada supports all efforts, including United States supply drops […]
By John Lee. Shell has had discussions with Iraqi Ports Administration regarding the possibility of acquiring a piece of land at the Umm Qasr terminal to build a pier and petrochemical factory. According to Aswat Al Iraq, talks between the two sides were held to discuss the project which shall be administered by the company […]
By John Lee. Temporary power firm Aggreko has said that Iraq is its fastest growing new business. In its Half-Yearly Report, the Scottish-based company said: "Our fastest growing new business is Iraq, where we are supporting the development of the oil and gas sector in Southern Iraq and Kurdistan. "We are clearly cognisant of the […]
The General Directorate of Water and Sewage in the Kurdistan Region is considering the implementation of the Ifraz Station-4 project, with a capacity of 25000 cubic meters per hour, due to the increase in the demand for drinking water in the capital, Erbil. The General Directorate of Water and Sewage last year started to implement […]
By John Lee. The President of Korea Aerospace Industries (KAI) has said that Iraq has proposed building a new airfield in the southern part of the country. "Iraqi authorities suggested the need for a military airbase for the new jets, and although no deal has been signed, KAI expressed a desire to pursue talks on […]
By Patrick M Schmidt. The Ministry of Oil has approved a contract worth $607 million (708 billion Iraqi dinar) with China Petroleum Pipeline (CPP). The company will now be able to begin construction on an oil storage facility to accommodate future development projects at the Nassiriya oilfield. The field currently produces 40,000 barrels of oil […]
Versar Inc. has announced that it was awarded an Iraq Personal Services II contract from the U.S. Army Corps of Engineers (USACE), with a maximum contract value of $10.69 million (12.5 billion Iraqi dinars). The firm fixed price IDIQ contract is a single award with a three-year period of performance consisting of a base year […]
The KRG's Ministry of Housing and Reconstruction is currently building a dual carriageway connecting Erbil to Haji Omaran. Parts of the road, which include tunnels and bridges, do not pass through the old path known as Hamilton Road. After the project is completed, the road between Erbil and Haji Omaran will become a dual carriageway. […]
By John Lee. Turkish engineering company Ergil has announced that it has successfully completed manufacturing of storage tanks and storage tank equipment for DNO’s Summail Gas Project -- the first gas field developed by DNO in the Kurdistan Region. The scope of the order included supply of insulated amine storage tank, teg storage tank, portable […]
By John Lee. After five-plus years of litigation, the Armed Services Board of Contract Appeals (ASBCA) has reaffirmed KBR’s use of private security contractors during combat operations in Iraq. The ruling clears the way for KBR to recover $45 million plus interest from the U.S. government for services rendered in 2003-2007. It also confirms the […]
By John Lee. The head of GE’s Middle East operations has told Arabian Business that there is huge potential in Iraq, but says he expects delays in the decision making and execution of significant infrastructure projects as civil unrest in the country grows. Nabil Habayeb (pictured) said: “What’s happening in Iraq concerns us first of […]
The following article features an interview with Mantid International CEO Ginger Cruz. Robert Tollast’s opinions expressed in the article do not necessarily represent the views of Mantid International, nor do the opinions expressed here necessarily reflect the views of Iraq Business News. The vast majority of Iraqis, Shi'a, Kurd and Sunni, are preparing themselves to […]
