Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Mondi has recently started full production at its new industrial bags plant in Sulaimaniyah. Together with local partner, Kaso Group, this greenfield project is set to strengthen Mondi’s industrial bags business in the expanding Middle East and North Africa region (MENA). The plant specialises in valve bags for the cement and building […]
Shell Iraq Petroleum (Shell) has awarded a commissioning services contract to Wood Group-CCC (WGCCC), a company equally owned by Wood Group PSN (WGPSN) and Consolidated Contractors Company (CCC), providing operations and maintenance services to the oil and gas and petrochemical industries in the Middle East. The contract is to commission the first phase of the […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq has recorded a steady population growth, which reached its peak last year at 2.9% — one of the highest rates in the world, officials say. The growth comes at a […]
The Jakarta Post reports that Indonesia is likely to partner with Iraq to build oil refineries in Indonesia. The director general for oil and gas at Indonesia's Energy and Mineral Resources Ministry, Edy Hermantoro, is quoted as saying: "Both deputy energy ministers from the two countries have signed a memorandum of understanding [MoU] for cooperation […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is to launch a satellite at the end of this year as part of a scientific project dedicated to monitoring desertification and water shortages, whose repercussions have cast a shadow […]
Kartet, a subsidiary of the Turkish conglomerate Karadeniz Holding, has reportedly re-applied for a licence to export 200MW from Turkey to Iraq. According to the report from Argus, such exports ceased in 2011, but Kartet has applied to export power through the 154kV Turkey-Iraq power interconnector. The regulator EPDK will give other firms until 20th […]
South Gas Company, Shell and Mitsubishi today officially announced the commencement of operations of Basrah Gas Company, which will be the largest gas project in Iraq’s history and the world’s largest flares reduction project. Basrah Gas Company is a 25-year incorporated Joint Venture between Iraq’s South Gas Company holding 51% of its shares, Shell 44% […]
By John Lee. Reuters reports that BP has signed a deal with Iraq to build a new terminal at the port of Khor al-Zubair. Anmar al-Safi, spokesman at the General Company for Ports of Iraq, told Reuters: "BP will help Iraq build an advanced terminal to receive refined oil product shipments and also to export […]
Hill International has announced that it has been awarded a contract from the State Housing Commission (SHC) of the Iraq Ministry of Construction and Housing to provide project management oversight (PMO) consulting services in connection with various housing developments throughout Iraq. The two-year contract has an estimated value to Hill of approximately $5.7 million. Raouf […]
International Fairs & Promotions (IFP) - Iraq, Sesam, and Zenith announced their alliance to launch the Iraq Healthcare Conference 2013, which will be taking place on May 27 and 28 at the Erbil International Fair Ground, Kurdistan Region. Under the auspices of the Ministries of Health in the Kurdistan Regional Government, the Iraqi government in […]
AIN reports that Iraq’s Ministry of Electricity has outlined 11 new schemes to expand the electricity network in the Babel province through 2013. The Ministry is reported to have said that it is planning to start five projects that will “extend the sources to feed the minor electricity stations in Babel.” The plans also include […]
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW At least 235 people have died in a week marred by election violence and government brinkmanship, bringing the total number of fatalities this year to approx. 1541. The situation in Iraq remains tense as voters deal with the results of a disappointing election and an emboldened government […]
