Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
ABB, the global power and automation technology group, has won an order from LS Industrial Systems (LSIS) to deliver a utility communications solution that will serve seven electricity distribution control centers in Iraq. The project is part of a larger infrastructure improvement initiative currently being carried out by the Ministry of Electricity in Iraq, aimed […]
By John Lee. Forty companies are reported to be bidding for contracts to build and finance the new pipeline from Haditha to Jordan’s Red Sea port of Aqaba (pictured). Nateq Balasem Khalaf, deputy director general of the state State Company for Oil Projects (SCOP), told Bloomberg that Citibank is among the bidders, adding that other […]
By John Lee. The Muthanna Investment Commission has announced that a Qatari company has been contracted to build a housing project in central Samawa. Doha Investment Company won the contract for the $65 million housing complex, which will include 480 housing units, a school, a health centre and various other services, reports al-Shorfa. Some will […]
Interpipe, the Ukrainian seamless pipe producer, has announced that it is installing a local support team to work in Basra following the company's approval from South Oil Company (SOC) as a preferred supplier. The announcement sees Interpipe appoint a new Iraq country manager, based in Basra, with immediate effect. Following several recent meetings in Iraq with […]
By John Lee. Greek construction company METKA, a subsidiary of the Mytilineos Group, has announced the signing of a $1.05-billion contract with Iraq's Ministry of Electricity for the construction of a combined cycle power station in Anbar. The deal involves the engineering, procurement, construction and commissioning of a natural gas-powered plant with a capacity of 1,642 […]
By John Lee. The Wall Street Journal reports that the China Petroleum Pipeline Engineering Corp. (CPPE) and Iraq's State Company for Oil Projects (SCOP) have secured a contract worth up to $317 million to build an oil pipeline from the Missan oil fields to the export terminals in southern Iraq. Over a period of 14 […]
Minister Falah Mustafa received a delegation from Ev-K2-CNR, an Italian non-government organisation promoting studies in high-altitude disciplines, including environmental sciences, earth sciences and technological research, who were accompanied by the Head of Italian Consular Office in Erbil, Dr Simone De Santi. The team has visited the Kurdistan Region five times aimed at the creation of […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. An alliance combining Shiite and Sunni currents in Baghdad succeeded last Saturday, June 15, in forming a local government without the participation of the State of Law Coalition. The latter was […]
By John Lee. Minister of Foreign Affairs, Hoshyar Zebari, has received the new Tunisian Chargé D'affaires in Iraq, Samir Jamae. During the meeting, relations between Iraq and Tunisia were discussed. The Tunisian official handed over a letter to Minister Zebari from his Tunisian counterpart concerning the development of bilateral relations. The meeting was attended by […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. As central Iraq grapples with a surge in violence and a longer-term struggle to wean its economy off a dependence on oil, the economy of the autonomous Kurdish region in northern Iraq, of which […]
Advertising Feature THE 3RD ERBIL INTERNATIONAL OIL & GAS EXHIBITION WILL OPEN ITS DOORS IN ERBIL IRAQ ON SEPTEMBER 2-5, 2013. Expotim announces the 3rd Erbil International Oil & Gas Exhibition on September 2-5, 2013. The event, officially supported by the Ministry of Oil and approved by UFI will be held at the Erbil International […]
The Kurdistan Region’s President and Prime Minister on Monday in Erbil met with the European Union’s foreign affairs chief, Catherine Ashton, on her first visit to the Region. The EU’s High Representative for Foreign Affairs and Security Policy and Vice President of the European Commission visited Erbil to discuss Iraq’s currently instability and the Kurdistan […]
