Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
Iraq's Midland Refinery Company is looking for bids for the supply of a terminal automation system for its Daura [Doura] refinery. The deadline for the receipt of bids is 15th February. Please click here to download details.
The director of Missan Oil Company in Southern Iraq said on Tuesday that his company had achieved an increase in its oil production by more than 3 million barrels in 2010. “Our Company has achieved an increase in its oil production from its oil fields of 3.215 million barrels of oil in 2010, compared with […]
Iranian and Iraqi oil officials have reportedly reached an agreement to develop their joint oilfields in border areas, Press TV reported. "The two neighbouring states have signed an agreement for the development of joint oilfields," Mehr news agency reported on Sunday. The deal was inked during the first meeting of the two countries' joint executive […]
A 22-strong delegation representing 17 Northern Irish companies arrived in Erbil on Sunday on the first Invest Northern Ireland organised trade mission to Kurdistan. The companies, drawn from a broad range of local industries, will be meeting potential customers and community leaders in Kurdistan’s key business centre of Erbil during the week-long mission. The trade […]
Bloomberg reports that Fugro, the world’s largest surveyor of deepwater oil fields, is about to enter the Iraqi oil and gas business as the oil majors are stepping up their exploration and production in the country. “The security situation is improving,” Chief Executive Officer Klaas Wester said in an interview in Amsterdam on Friday. “We’re […]
The Chairman of Anbar Province’s Council has called on the Iraqi government on Saturday to invest in al-Risha oil field with, shared between Iraq and Jordan, and to lay down clear steps to exploit the field. “We call on the Iraqi government and the Oil Ministry to expoit al-Risha Oil Field on the Iraqi side […]
Two new sub-contracts have been granted for two local companies to participate in developing the Badra oil field in southern Iraq’s Wassit Province, Aswat al-Iraq reports on Thursday. “The Russian Gasbromneft Company [Gazprom Neft], which won the contract to develop [the] Badra oil field, 90 km to the east of Kut ... has decided to […]
Iraq's Oil Projects Company seeks bids for an LPG loading and unloading station at the Samawa (Sumawa) depot. The deadline for the receipt of bids is 12:00 noon on 15th February. Please click here to download details.
Iraq's Midland Refineries Company has issued tenders for the supply of various trucks and cranes for its Daura [Doura, Dora] refinery: Dump trucks Mini cranes Truck trailers 60-ton cranes 35-ton box trailers
Iraq's Oil Products Distribution Company is looking for supplies of spare parts for Caterpillar fork-lifts. The deadline for the receipt of bids is 2pm on Sunday 16th January. Please click here to download details.
Shares in Sterling Energy (AIM: SEY), the independent oil and gas exploration and production company, fell 10% on Thursday morning following an update on operations at its Sangaw North block (53.33% working interest) in Kurdistan. Since the last update on 23 November 2010, operations have been conducted to remove the hydrocarbon gas, containing approximately 0.5% […]
Another wild-card was thrown into the Iraqi mix on Wednesday with the return of radical Shia'ite cleric Muqtada al-Sadr from nearly four years of self-imposed exile in Iran. A fierce opponent of the United States and head of Iraq's feared militia, the Mehdi Army, al-Sadr's return was reportedly low-key, and was not entirely unexpected following […]
