Ergil Completes Zubair Storage Tank Project
Turkish-based storage tank company Ergil has completed a comprehensive engineering, design, material supply and fabrication project in Iraq. ROSCO (Rafidain Oil Services Co., part of the Jurmat Group Of Companies), the EPC contractor for the New Flow Tanks EPC Project, has awarded the company the engineering, design, material supply and fabrication of 33m dia & […]
Regus Opens in Iraq
Regus, the global workplace provider, has just announced the expansion of its global network to include Iraq, its 105th country. Its new centre in Erbil, Kurdistan, will support the activities of companies in the region, particularly in the fields of oil and gas, engineering and technology. Located in the prime commercial district of Erbil, close […]
Another 500 US Troops for Iraq?
By John Lee. US President Barack Obama is reportedly preparing to approve the deployment of up to 500 additional US troops to Iraq to train up local forces fighting the Islamic State (IS, ISIS, ISIL). Unnamed US officials were quoted as saying that a new training base may also be set up in Anbar. The […]
Airstrikes Continue Against IS
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the latest strikes, which took place between 8 a.m. Monday and 8 a.m. Tuesday, local time, noting that assessments of results […]
Video: Current State of IS in Iraq
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Al Jazeera's Jane Dutton explains ISIL's gains and losses in Iraq:
DC Run Raises $33k for Iraqi Children
With more than 300 participants, the recent "IN THEIR SHOES 5K" nearly bested the previous 2 annual 5Ks combined. The largest team to register was EPIC, with USIP right behind, both with more than 20. Other teams included Cobec, Michael Baker International, Road Runners, the Tortoise and Hare, and the Flying Tigris. And when the last donation arrived, days after […]
EU: Iraqi People need More Support
Stephen O’Brien, the new European Union's Under-Secretary-General for Humanitarian Affairs (USG) and Emergency Relief Coordinator (ERC), called for greater assistance for millions of people across Iraq following a two-day visit to the country. “It’s imperative at this critical time we do more to mitigate the suffering of the Iraqi people. Much has been done, but […]
Framework Governing Extractive Industries in Iraq
By Ahmed Mousa Jiyad. Legal and Institutional Framework Governing the Extractive Industry Sector in Iraq This is Part One of a research work commissioned by the Natural Resource Governance Institute-NRGI (USA) as part of the preparation for NRGI’s strategic plan for interlinked and complementary interventions in Iraq during the upcoming three years. The Executive Summary […]
Penspen Expands in Iraq
Penspen, a leading global provider of engineering and management services to the energy industry, has underlined its commitment to growth in the Middle East with three new appointments and investment in a new office in Iraq. Ahmed Al-Dadah and Na’el Barghouthi have this month joined the company from other engineering providers, whilst Michael Simm, EVP […]
DNO Completes $400m Bond Placement
DNO ASA, the Norwegian oil and gas operator, has completed the placement of USD 400 million of new, five-year senior unsecured bonds with a coupon rate of 8.75 percent and an issue price of 87.5 percent of par value. The bond placement received strong investor demand across international markets and its combination of a fixed […]
Minister Orders Cheaper Internet Access
By John Lee. The Minister of Communications, Hassan Rashid [Kazem Hassan Rashed] (pictured), has reportedly ordered a reduction in the cost of internet services, to make them more accessible to all segments of society. Shafaaq News also report that the Ministry of Communications has completed an optical fibre project to provide high-speed internet access in Babil […]
Airstrikes Destroy ISIL Oil Infrastructure
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the latest strikes, which took place between 8 a.m. Sunday and 8 a.m. Monday, local time, noting that assessments of results […]