Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
WesternZagros Resources closed the day up 9% on Wednesday following its report of an increase of over 100 per cent in the combined mean estimate of gross unrisked prospective resources on the Company's Kalar-Bawanoor exploration block ("Block K44") to 2,192 million barrels of oil, or 3,570 million barrels of oil equivalent when oil, gas and […]
A £31 million contract – the biggest agreed in nearly two decades of operations – has been landed by consultant process engineers Grimley Smith Associates (GSA), according to the Grimsby Telegraph. The Brigg-based company has been awarded a two-year project to upgrade facilities at an oil refinery in Basra, Iraq. It is with the South […]
The fifth annual Iraq Petroleum conference took place at the Landmark Hotel, London on the on the 12-14 July 2011, focusing on the next phase of Iraq’s oil and gas resource development as well as current and future upstream opportunities. As Rt Lord Howell of Guildford, Minister of State for the UK Foreign and Commonwealth […]
Mott MacDonald’s director of oil, gas and petrochemicals, Azfar Shaukat, told attendees at the Iraq Petroleum Conference of great potential in the oil and gas sector, but warned companies they will have to be patient until significant investment is found. The event, held at the Landmark Hotel in London, UK, focused on the next phase […]
British oil exploration data group Getech told the Yorkshire Post on Monday that sales from its Iraq service had risen to over $750,000 since December. The Leeds-based firm said it had received an order for more than $500,000 and its full reprocessed and integrated data sets have been available for general sale to the oil […]
Iraq has asked China to set up a fund to help with the reconstruction of the war-battered country, Iraqi government spokesman Ali al-Dabbagh said on Monday during a visit to Beijing by Iraqi Prime Minister Nuri al-Maliki. Reuters reports that he also said Baghdad was keen to get Chinese companies investing in the country, which […]
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 […]
