Piers, Dredging Opportunity at Umm Qasr
Solicitation Number: W912ER-13-R-0050 Agency: Department of the Army Office: U.S. Army Corps of Engineers Location: USACE Middle East District Solicitation Number: W912ER-13-R-0050 Notice Type: Presolicitation The U.S. Army Corps of Engineer (USACE) Middle East District intends to solicit names of construction firms experienced in working in the Middle East region who are interested in submitting […]
Basra Becomes Battleground For Iraqi Politics
By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The results of the Iraqi provincial elections held April 20 initiated a new political balance between the main Shiite powers in Iraq’s south, particularly in Basra. These powers are the State […]
DNO Hits 100,000 bpd Milestone at Tawke
DNO International ASA, the Norwegian oil and gas company, announced today that oil production from the Tawke field in the Kurdistan Region of Iraq has averaged over 100,000 barrels a day during the previous 72 hours as the Company conducts well and pipeline deliverability tests following its 2012 drilling program and facilities upgrades. "We are […]
WesternZagros Q1 Results and Updates
WesternZagros Resources announced today its operating and financial results for the first quarter ended March 31, 2013, and additional key highlights and activities to date. Commenting on the first quarter results and subsequent events, WesternZagros's Chief Executive Officer, Simon Hatfield (pictured) said, "Our twin goals of increasing proven resources and production potential are our main […]
Former Vice President Slams Iraq's Economic Policy
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Adil Abdul-Mahdi, the former Iraqi vice president who resigned from his post, vehemently criticized Iraq’s economic policy, describing it as a failure. Abdul-Mahdi warned that tampering with the balances of nature […]
Bin Shabib Reception with French Business Council
Bin Shabib & Associates (BSA) LLP recently supported the French Business Council Dubai and Northern Emirates, in hosting a cocktail reception at the Divan hotel in Erbil. The reception was attended by representatives from several French companies looking to invest in Kurdistan, government officials, Regulator of Insurance Authority, the French Embassy, the President of the […]
Video: Iraq Killing Surge Fuels Sectarian Fears
From Reuters. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A deadly few days, in which more than 200 have been killed in Iraq, have caused fearful glances at potential wider Sunni-Shi'ite conflict in the Middle East. Sarah Sheffer reports:
Video: Attacks Highlight Rising Terror in Iraq
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. CNN's Mohammed Jamjoom reports on attacks that are targeting every ethnic group in Iraq:
There's More to Iraq than the Headlines
It has been a rough couple of weeks in Iraq, with a string of major attacks bringing the death toll for the year to nearly 2,500. But despite the upsurge in sectarian attacks, the country is still managing to make progress on a number of fronts. In the energy sector, for example, Shell has announced […]
Weekly Security Update 15 - 22 May 2013
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW Severe countrywide violence has gripped Iraq this week in a continuation of recent sectarian hostilities, which claimed the lives of approx. 401 people, bringing the yearly total to approx. 2486. After a brief period of respite levels of violence rose dramatically during this brief reporting period with […]
BP to invest $2.85bn in Rumaila
By John Lee. BP has reportedly allocated $2.85 billion to develop the Rumaila oilfield in 2013, up from $2.2 billion last year, of which only $1.9 billion was used. Salah Mohammad, head of the joint management committee for the project, also told Reuters that output at Rumaila would rise to 1.450 million bpd by the […]
Biggest Ever UK Trade Mission to Iraq
The Iraq Britain Business Council (IBBC) Executive Chairman, Baroness Nicholson has announced the biggest ever trade mission to Iraq. In a push to boost UK business in Iraq UKTI and the IBBC will take 100 UK companies to Baghdad, Basrah and Erbil in mid-June. The mission will be led by David Willetts, Minister of Universities […]