Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
Iraq signed a $365 million agreement to install a pipeline network to import natural gas from Iran for power stations in the country, according to reports from Bloomberg and Iran Independent News Service. The pipelines will eventually supply 25 million cubic meters of Iranian natural gas a day to the Sadr, al-Quds and South Baghdad […]
The passing of control of the Development Fund for Iraq (DFI) to the Iraqi government may make the assets vulnerable to seizure. A lawyer for Kuwait Airways told Bloomberg in an interview that “the class of assets against which we can seek enforcement has expanded.” Christopher Gooding (pictured), a partner at London-based Fasken Martineau, said: […]
The United Nations Security Council welcomed the Iraqi Government’s assumption of full autonomy, with effect from 1st July, over the proceeds of a development fund set up after the 2003 United States-led invasion to meet the country’s humanitarian needs, economic reconstruction and infrastructure repairs. In a press statement, the Council welcomed the Government’s establishment of […]
A security source in Basra Province revealed on Wednesday that Iran is preparing to drill an oil well 600 meters from the border of Iraq's Basra province, and stressed that relevant government authorities were informed of this activity, according to Alsumarianews. The source told the agency that border forces detected the installation of an Iranian […]
Iraq’s insurgents are targeting the country’s oil industry, according to a report by Joel Wing for AKnews. In June there were five attacks on oil-related infrastructure and personnel: June 5: Zubair oil field in Basra was attacked. Reports differ as to whether it was hit by bombs or rockets, but its oil storage facility was […]
Update, RBC Capital Markets opinion: albeit the size of the contract is not material compared to Petrofac's backlog, we believe that any positive developments from Iraq should be seen as a positive step for Petrofac. This region becomes increasingly strategic, especially for the newly created Integrated Energy Services (IES). This contract award follows the EPC […]
WesternZagros Resources has announced its results for the period ended March 31, 2011, key highlights, and activities to date. On May 31, 2011, WesternZagros made an oil discovery in the Jeribe Formation at the Sarqala-1 exploration well. The Company tested the well at rates up to 9,444 barrels per day of 40 degree API oil. […]
North Gas Company announces a new supplying of AFFF Foam 3% (Light Water) tender. Kindly note the below: -Delivery Date & offer validity (90 days) . -Country of origin. -Port & Country of Export. -Performance certificate and all relevant documents involved . Please click on this link for the tender's information.
North Gas Company announces a new tender for ICP (Spectro Acros) multi element standard solution . Offers should be from manufacturing companies or authorized agents. Agents & suppliers should submit authorization from the main manufacturer(s) , all relevant documents to be originals being authenticated by Iraqi Commercial attache. Please click on this link for further […]
North Gas Company invites to bid for a drum clamp truck 3 ton. Offers must be in sealed envelopes (technical & commercial offers) with indent number & closing date clearly mentioned on the envelopes. Please click here to download the tender's official document.
North Gas Company invites to bid for supplying lab chemicals. Offers should be worked out on the basis of CIP Kirkuk. Kindly state the following: -Delivery date & offer validity (90) days. -Country of Origin. -Port & Country of export. -Performance certificate & all relevant document involved. -Specify shipment route. - Offers must be signed […]
North Gas Company announces a new spare parts for gas chromatograph varian-CP-3800, SN 102044.102012.102014.102022.102024.102015.230 v-2400 VA .50/60 hz. Offers must be in sealed envelope (technical offer) with indent number & closing date clearly mentioned on the envelope , addressed to the attention of B.B.C (Broadly Bids Box) at North Gas Company , PO box: 16, […]
