Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
By John Lee. Microsoft is reportedly about to start e-governance projects in Maysan. Suhair Al-Minshidawi, the Chairman of the e-governance Committee in Maysan province said in a press statement: "The representative of the company showed, during a meeting with her, his company's willingness to work in this field. "The projects include electronic systems specializing in […]
By John Lee. Oil and gas engineering group Penspen has signed an agreement with Siemens to provide engineering and procurement services for a new simple cycle power plant in Southern Iraq. Siemens has agreed a base scope with the State Company for Oil Projects (SCOP) to work on the engineering and supply of the power […]
By John Lee. The Ministry of Electricity announced that it has obtained long term funding from the Japanese International Cooperation Agency (JICA) for the Nassiriya power station. According to the Kuwaiti News Agency (KUNA), JICA has approved a $2-billion loan for the project, which would be enough to cover the full cost. AIN, on the […]
By John Lee. The second deputy speaker of the Iraqi parliament said Iraq needs to build and provide public services rather than buy heavy weapons, according to a report from AKnews. Commenting on the visit of Iraq's Defense Minister Sadoun al-Dlemi [Sadoun al-Dulaimi, Sadun al-Dulaymi] to Russia to buy heavy weapons, Arf Taifur expressed his surprise […]
By John Lee. Alstom Grid has announced that it has won contracts worth €34 million ($42 million) from KAR Construction & Engineering Company to engineer and supply substations for the electrical grid. The company will supply four 132/33/11 kV Air-insulated Switchgear (AIS) substations and one 132/33/11 kV Gas-insulated Switchgear (GIS) substation for the Kurdistan Regional […]
By John Lee. The Iraqi province of Dhi Qar (Thi Qar) may get it's own oil company, according to a report from AIN. The Deputy Prime Minister with responsibility for Energy Affairs, Hussein al-Shahristani (pictured), discussed the issue with the Deputy Chairman of Dhi-Qar Provincial Council, Hadi Mohan, at his office in Baghdad. Shahristani instructed to […]
By John Lee. The Special Inspector General for Iraq Reconstruction (SIGIR), Stuart Bowen (pictured), has found serious weaknesses in the government’s controls over Iraq reconstruction funds that put billions of American taxpayer dollars at risk of waste and misappropriation. The precise amount lost to fraud and waste can never be known, but SIGIR believes it […]
By John Lee. An international consortium has received local government approval to build three new power stations in central and southern Iraq, and is now waiting on approval from the Central Government in Baghdad. They will be built by a consortium of led by Semco Maritime of Denmark, AMH Group of the United Kingdom, and […]
KRG Prime Minister Nechirvan Barzani on Thursday inaugurated the first electricity plant anywhere in Iraq to be converted to a combined cycle system. The conversion will increase the amount of electricity produced without using extra fuel to run the plant, to support the growing electricity needs of the Kurdistan Region and Iraq. Speaking at the […]
Iraq's Ministry of Electricity has announced that it was producing at a rate of 8,027 MW at the end of June, "the highest since the foundation of the MoE". Spokesperson Musab al-Mudaris said that production would increase to "up to" (sic) 9,000 MW by end of July. According to the report from AIN, this compares […]
ABB, the leading power and automation technology group, has won orders worth around $120 million from KAR Construction and Engineering Company Ltd. to design and build a power plant and construct two 400/132 kilovolts (kV) high-voltage substations that will supply power to the Kurdistan region of Northern Iraq. The 640 megawatt (MW) open cycle power […]
The Minister for Water Resources, Mohaned al-Saadi [Mohanad Salman Al Sady] (pictured), has called on local and international institutions to supply Iraq with expertise and training in the water sector. The Ministry said in a statement: "Saadi's call came during a speech to the Economic Iraqi-Portuguese Forum that in Lisbon on June, 24/25. Saadi said […]
