Iraq Announces New Gas Tenders

(Source:  Petroleumworld.com) Iraq Prepares New Gas Field Licensing, Cuts Oilfield Signatory Bonuses Retroactively Iraq's Oil Ministry has released plans to tender three gas fields—previously part of the first and second licensing rounds—to 15 invited companies and has named Shell, Total, and KOGAS as frontrunners, while also confirming that signatory bonuses for the renegotiated West Qurna-1 […]

New Financing Arrangements Help Expand Internet Access

Iraqi internet service provider FastIraq is to connect more than 100,000 homes and offices to the internet, following the arrangement of funding with Dar Es Salaam Investment Bank (“DES”). FastIraq was advised by Northern Gulf Partners (“NGP”), which secured finance based on projected cash-flow; this is a significant departure from the traditional requirement to secure […]

Romania Offers 10 Scholarships to Iraq

The Romanian government has offered the Iraqi Ministry of Higher Education 10 graduate scholarships. “There are three scholarships to earn a masters degree, and seven to earn the doctorate grade,” the Ministry said in a release on Sunday received by Aswat al-Iraq news agency. It explained that the scholarships embrace the fields of biotechnology, medical […]

2 Sewage Projects in Karbala Worth ID2b

Two sanitary sewage projects were finalized in the district of al-Hindiya, eastern Karbala, at a total cost of nearly two billion Iraqi dinars (roughly $1.6 million), a local service official said on Sunday. “Two local firms finalized two projects for sewerage in al-Hindiya, (20 km) northern Karbala, at a cost of 1.994 billion Iraqi dinars,” […]

Iraqi Ports Receive 22 Ships This Week

Basra’s ports received 22 commercial ships from different countries this week, according to the Iraqi ports department’s relations & information chief on Thursday. “Umm Qasr port received 17 ships, while Abu Fallous received 3 and al-Maaqal two ships,” Anmar Abdulmenaem al-Safi told Aswat al-Iraq news agency. The Shiite province of Basra, 590 km south of […]