Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
Shell has reportedly begun a planned three-day production shutdown at Iraq's Majnoon oilfield for upgrades and maintenance. The field, which is currently producing around 65,000 barrels per day (bpd), is expected to restart output on Wednesday, a company spokesman said. Majnoon is one of the fields awarded to international companies as part of the OPEC […]
Construction of a port near Iraq's coast is moving ahead as scheduled despite increasingly vocal opposition from Baghdad, government engineers said this week, according to a report in The National. Iraqis say the Mubarak al Kabeer port being built by Kuwait on Boubyan [Bubyan] Island will strangle their own shipping industry by blocking access to […]
Foreign Office Minister Lord Howell said that Iraq's natural resources have the potential to help tackle the world's energy challenge when he spoke at the Iraq Petroleum Conference. Speaker: Foreign Office Minister Lord Howell Event: Iraq Petroleum Conference Location: London Ladies and Gentlemen I am delighted to be back at the Iraq petroleum conference addressing […]
Iraq is planning to produce 12 million barrels of crude oil per day (bpd) by the year 2017, through contracts signed with the world’s largest oil and energy companies, Iraq’s Deputy Prime-Minister, in charge of Energy Affairs said on Saturday. According to Aswat al-Iraq, Hussein al-Shahristani said in a speech he delivered at the 3rd […]
Midland Refinery Company announces the below tenders: -Spare Parts -Spares For Volvo Construction Equipment -Jointing & Packing Sheet Gasket -Spares For Mechanical Seals -Motor -Turbine Spares Please click on the above links for further information.
SCOP , Oil Projects Company invites to bid for the below tenders: - Supply of FM 200 System Design & supply of automatic FM-200 system for control building and automatic CO2 system for electronial building for Hamam Al-Alil Depot. The materials should be Europeans, Americans, Canadians and Japanese . Tender's documents may be collected by […]
Midland Refinery Company invites to bid for the below tenders: -Spares for pump P-405 C/D 4629 -Spare parts for pump type & size SA 450 1350-300 S.P.A -Spare part -Spare part for air circulating water pump -Spares for pump type & size 2 AC-4 stage centrifugal Please click on the above links to obtain the […]
North Gas Company announces the below tenders: -Spare Annubar Flow Element -Spare for SRU 4700 -Forklift Truck 1 Ton -Desiccant Molecular Sieves 4/A Please click on the above links to obtain further information about each tender.
Ahmed Mousa Jiyad is an independent development consultant, scholar and Associate with Centre for Global Energy Studies (CGES). He was formerly a senior economist with the Iraq National Oil Company and Iraq’s Ministry of Oil, Chief Expert for the Council of Ministers, Director at the Ministry of Trade, and International Specialist with UN. He is […]
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Iraq’s State Oil Marketing Organisation (SOMO) has adjusted its official selling prices on Sunday for its Basra Light and Kirkuk crude grades for August. In common with some other countries, Iraq’s oil is priced relative to regional benchmark prices: For shipments to US, contracts are priced are relative to the Argus Sour Crude Index (ASCI); […]
Iraqi Prime Minister Nouri al-Maliki will travel to China this week in a bid to attract Chinese investors to Iraq, an advisor to the PM told AKnews on Tuesday. Ali al-Mousawi said that Maliki will head a trade delegation, following an official invitation from the Chinese government. Mousawi said Chinese companies are already heavily engaged […]
