Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
Iraq's Deputy Premier for Energy, Hussein al-Shahrestani, laid the foundation stone for the new 1250 megawatt al-Khairat power station in Karbala, which will add about 20% to power production in Iraq if completed as scheduled in April 2013. Iraqi energy officials on Sunday marked the start of work on a 1,250 megawatt power plant with […]
China National Petroleum Company (CNPC) and its partners Total of France and Petronas of Malaysia, have issued a tender for work in Iraq's 4.1-billion-barrel Halfaya oilfield. Reuters reports that the consortium has advertised on Monday looking for bids from companies to supply a drilling pad and to survey existing wells. The tender closes on June […]
Following the success of the first Iraq Mega Projects conference last year, which offered access to high level decision-makers of Iraq's Mega Projects, CWC today announced dates for the second conference which takes place in Istanbul, Turkey on 18-20 October 2011. Major changes happened in 2010 with hundreds of contracts signed allowing work to begin […]
Business between Iraq and Germany has picked up dramatically and trade has reached levels not seen since the 2003 U.S.-led invasion, Germany's Economy Ministry said on Thursday, according to a report from Reuters. Trade volumes between the two countries grew by an annual 63 percent last year, surpassing 1 billion euro ($1.5 billion) for the […]
The Kurdistan Regional Government (KRG) has received a written notice from the federal Ministry of Finance in Baghdad, confirming release of the first oil export payment to the KRG contractors, Prime Minister Barham Salih (pictured) announced today. The Prime Minister said, “This confirmation of payment to the KRG for the Region’s contractors amounts to around […]
Iran's Mahshahar, a specialist oil pipe manufacturer, is in talks with Basra Investment Commission to build a factory and warehouses in Basra to provide the Iraqi State Oil Company with custom-made oil pipes. Head of the commission, Haidar Ali Fadhil, told NINA that the Iranian firm had discussed building the factory and the warehouses to international […]
Oil Projects Co (SCOP) announces new tender for Catholics protection & Ear Things Materials for Karbala Depot project as well as another tender for supply of pipes, pipe fitting, flanges & valves for Shuaiba Depot. Tenders documents may be collected by an authorized representative of the tenderer at SCOP's headquarter in Baghdad against the cash […]
After many years of searching, American forces have finally managed to track down and eliminate Osama Bin Laden. The news has reverberated around the world, and it has implications for all countries in the region, not least Iraq. Our security expert John Drake has been analysing the possible effects of this latest news for Iraq, […]
Iraq has received an official request from Jordan to raise oil supplies to 30,000 barrels a day after Egyptian gas stopped flowing to the kingdom when a Sinai pipeline was attacked, AFP has reported. "I have sent a letter to the Iraqi oil minister and asked to increase the oil supplies from 10,000 barrels a […]
As part of a dramatic restructuring of its embassies and consulates around the world, Britain's Foreign and Commonwealth Office will close its consulate in Basra, according to a report from The Independent. The Foreign Secretary, William Hague, is thought to have concluded that the high cost of providing security to the consulate is disproportionate to […]
Midland Refineries Co announces for the second time purchasing the materials as stated below: - 55 items of Spares for pump. - 115 items of tools (machine tools accessories) - 13 items of spare part for pumps - 21 items of spares for pump 76 P1 & 128 A/B Please click on each link for […]
Midland Refineries Co announces for purchasing the materials as stated below: - 1 Nitrogen unit to produce 1500 NM3/HR nitrogen as gas and 240 L/HR Nitrogen as liquid. - 7 items of spares for pump type AVSP2 , VP 250/75 - 12 items of spares for new power House no 3 - 8 items of […]
