Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
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 […]
Iraqi Drilling Company , one of the Iraqi Ministry of Oil establishments invites to bid for supplying fishing tools , in accordance with the conditions & specifications , which can be obtained from the purchasing department , IDC headquarter's in Baghdad. Whoever is willing to participate in this tender from Supplying Companies , Manufacturers or their authorized representatives […]
North Gas Company is announcing a new supply of spare for SRU 4700 purge meter tender. The tender number is 2024/2011. Offers must be in sealed envelopes (technical & commercial offers ) with indent number & closing date clearly mentioned on the envelopes , addressed to the attention of BBC (Broadly Bids Box) at North […]
Oil Projects company SCOP announces the issuance of a new Design & Supply control system & instrumentation tender with accessories for 3 nos tanks in Shuaiba Depot. The origin of the materials should be West European , American, Canadian , Japanese and South Korean. Tender documents may be collected (by an authorized representative of the […]
