Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
International oil companies (IOCs) in Iraq have stepped up efforts to clear the country of millions of landmines, but according to Reuters progress remains slow due to security constraints. According to its demining plan, Iraq is supposed to clear 2 percent of its contaminated land this year but has already hit 5 percent thanks to […]
Gas Filing Co. , one of the ministry of oil companies , has the pleasure to announce for the tender of supplying equipment inspection geometrical as a part of capitalism part of 2011. The bids shall be submitted to Gas Filling Co at 2 o'clock pm of 10/5/2011 Please click here to download more information
ShaMaran Petroleum, the Canadian oil and gas company listed on the TSX Venture under the symbol "SNM", has announced that drilling of the Pulkhana-9 appraisal/development well in the Pulkhana oilfield commenced on April 3, 2011. The Company has contracted an alternative drilling rig (Sakson 101) to the originally agreed Sakson PR3 rig as there was […]
According to a report from Bloomberg, the chairman of the Iraqi parliament’s Oil and Energy Committee said in London on Tuesday that Iraq will be unable to pass its oil and revenue-sharing laws by this summer because of ongoing political disagreements. Passage of the law by June or July is “unfeasible,” Adnan Al-Janabi said at […]
Midland Refineries Co announces new tenders for purchasing the materials as stated below: * 23 items of Spare part for turbine type 353 T Req. No : 1165/2011 * 5 items of Burner soot blower , condenser and ejectors Req. No: 1202/2011 *12 items of Spare parts for extra action pump Req. No: 1194/2011 *18 […]
Billionaire real estate tycoon and potential Republican presidential candidate, Donald Trump, has said that the United States should stay in Iraq in order to take Iraq's oil and cover the cost of the war, reports the Washington Post. "In the old days when you had wars, you win, right? You win. To the victor belonged […]
The Director General of BOTAS (Boru Hatlari ile Petrol Tasima AS), Turkey's state-owned Petroleum Pipeline Corporation, said on Sunday that "during recent talks in Iraq, the Iraqis asked for assistance to re-build a 40 inches petroleum pipeline that was destroyed. We told the Iraqis that we are ready to help them". Speaking in southern province […]
Iraq's crude oil exports fell 2% in March to 2.159 million barrels a day, from 2.202 million barrels a day in the previous month, due to several days of bad weather at the Southern terminals, and damage to part of the northern export pipeline from an act of sabotage, Dow Jones Newswires reports. A senior […]
Petrofac, the international oil & gas facilities service provider, has confirmed it has been awarded a contract in excess of US$240 million by Shell Iraq Petroleum Development B.V. for developments in the Majnoon Field, Southern Iraq. Under the competitively tendered contract, Petrofac is providing engineering, procurement, fabrication and construction management services for the development of […]
Britain's Energy Industries Council (EIC) is organising an oil and gas trade mission to Baghdad and Basra in Iraq in October. Missioners will have the opportunity to attend organised group meetings with key local players, as well as incorporating briefing meetings presented by qualified speakers with in-market experience and the opportunity to meet with local […]
Visa problems for foreign workers in Iraq continue to make the headlines. Last week we reported on the difficulties caused by a decision to channel visa applications through the office of the Prime Minister, Nouri al-Maliki; now we hear that the Basra Investment Commission has imposed its own restrictions, with the intention of reducing unemployment. […]
Dome International has met the chairman of Basra Investment Commission (BIC) to discuss the possibility of constructing warehouses for oil derivatives in Basra. The director of the company, Amen Jaffer, said, "the preliminary study of the project includes the construction of oil warehouses near Khor Al-Zubair port on an area of 40 acres with an […]
