Iraq's Ministry of Oil has just issued a tender for the supply of ten 30-ton truck cranes. Bids should be received by 28th December 2010. Please click here to see full details.
Ministry of Oil Wants 10x 30-ton Truck Cranes
Archive | Iraq Oil & Gas News
Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
UN to Lift Ban on Iraq Nuclear Imports?
The United States hopes the U.N. Security Council will lift restrictions on the import of nuclear technology to Iraq, even though Baghdad has not ratified a U.N. agreement on tough atomic inspections, according to a report from Reuters. At a meeting on Wednesday to be chaired by U.S. Vice President Joe Biden, the 15-nation Security […]
Deadline Extended to Supply Oil Valves and Pipefittings
Iraq's Ministry of Oil has announced that it has extended the deadline for the submission of bids for the supply of pipefittings, valves, and accessories to its Karbala depot. Bids will now be accepted up to 28th December, 2010. Original tender document Details of extension to deadline
Tags: Ministry of Oil, tenders
Engineer to Pay $22m for Iraq Bribery
Scottish engineer Weir Group (LSE: WEIR) has agreed to plead guilty to two charges of breaching UN sanctions in connection with a number of UN sanctioned Oil for Food programme contracts awarded between 2000 and 2002. Following the guilty plea, the Company will be subject to a confiscation order in respect of its benefit from […]
Heritage Oil - Preditor or Prey?
Rumours continue to fly regarding the fate of Heritage Oil (LSE: HOIL), the oil explorer with operations in Iraqi Kurdistan (pictured), which is said to be the target of takeover bid. The British Daily Mail newspaper reported last week that Malaysia’s state-owned oil and gas company, Petronas, was interested in the company, but Petronas denied […]
Halfaya to Produce Enough Gas to Supply Power Station
The development of Halfaya oilfield in southern Iraq’s Maysan province shall insure enough gas for Kahla’a power station, according to the Director-General of Missan Oil Company, who said that the gas produced from the oil field would exceed 60 million cubic feet. “The development of the Halfaya field shall secure the needs of the Kahlaa […]
Tags: CNPC, Electricity In Iraq, HaLFAYA, Kahlaa, Maysan, Missan, Missan Oil Company, Petronas, Total
WorleyParsons Wins Rumaila Oilfield Contract
Australian engineering contractor WorleyParsons (WOR.AU) has won a contract to carry out engineering and design work at BP's giant Rumaila oilfield in southern Iraq. Sources familiar with the deal said the front-end engineering and design (FEED) contract was awarded to WorleyParsons by the consortium which includes Iraq's state-run South Oil Company, BP and China National […]
184 Delegates at Successful Basra Oil and Gas Conference
Basra Oil & Gas Conference 2010 was held on 26th and 27th of November with the participation of 184 delegates under the theme of “Iraq Effectively Contributes to Future World Energy Supply”. Attending companies, institutions, universities, and individual delegates were exposed to the present and future status of Iraq’s oil industry, world energy supply and […]
New Iraq Oil Prices for Europe
Iraq’s State Oil Marketing Organisation (SOMO) has adjusted its official selling prices for its Basra Light and Kirkuk crude grades for January. In common with some other countries, Iraq’s oil is priced relative to regional benchmark prices: For shipments to US, contracts are priced are relative to the Argus Sour Crude Index (ASCI); Shipments to […]
Iraqi Cabinet to Review Shell Gas Deal
A multi-billion-dollar gas deal between Iraq and Royal Dutch Shell will be presented for ratification to the new cabinet once it has been formed, Iraq's Oil Minister said. "We are still negotiating the contract," Hussain Al Shahristani said after a graduation ceremony for the oil police, according to a report from Trade Arabia. The $12 […]
Tags: gas gathering, KazMunaiGas, KOGAS Iraq News, Mitsubishi, Shahristani, Shell, South Gas Company
Ministry of Electricity Tenders for Oil
Iraq's State Oil Marketing Company (SOMO) has issued a tender for 2,600 tonnes of gas-oil for the Ministry of Electricity. Bids will be accepted until 12:00 on 20 December, 2010, Baghdad time. Please click here to download the English tender document ... ... and here to download the document in Arabic.
Swedish Govt Sees Opportunities in Basra
The Swedish ambassador in Iraq visited Basra on Thursday to discuss cooperation in business and investment. Basra's governor, Sheltag Abboud Mayah, told AKnews, that the Swedish delegation to Basra came after his visit to the Swedish government to promote cooperation between the two countries. “Opening the Swedish consulate in Basra ... means opening investment opportunities” […]