Iraq and US Reaffirm Strategic Partnership
By John Lee. The Governments of the Republic of Iraq and the United States of America reaffirmed their strategic partnership during a meeting of the Political and Diplomatic Joint Coordination Committee (JCC) on September 2, in Baghdad. This meeting, held at the Iraqi Ministry of Foreign Affairs, was co-chaired by Iraqi Foreign Minister Hoshyar Zebari […]
Sterling Energy Updates on Sangaw North
By John Lee. Sterling Energy Plc has announced the following updates in the Sangaw North Production Sharing Contract ("PSC") in Kurdistan: 2D Seismic Acquisition: The acquisition of 2D seismic data in the Sangaw North PSC, which commenced in July, has now been completed. 117 km of data was successfully acquired and is now being processed, […]
Expro Wins Iraq SONAR Testing Contract
By John Lee. Expro has secured a contract for production testing for Eni in Iraq utilising its clamp-on SONAR meters. The company will provide completely non-intrusive multiphase production testing to Eni for oil wells in the Zubair field, which Eni Iraq, B.V. operates in cooperation with Iraq’s state-owned South Oil Company (SOC). Expro will utilise […]
MEA Iraqi Kurdistan Trade Mission 14-18 October
The UK's Middle East Association (MEA), in partnership with UKTI and the Kurdistan Regional Government, will be leading a Trade Delegation to Iraqi Kurdistan this October to coincide with the eighth Erbil International Trade Fair, Iraq’s largest general trade exhibition. Mission Participants will have the opportunity to exhibit at the Fair’s British Pavilion, as well […]
9th Maghreb-Mediterranean-MidEast Upstream Conference
The 9th Maghreb Mediterranean MidEast Upstream 2012 Conference in Geneva is part of Global Pacific & Partners worldwide suite of senior management conferences that it has conducted annually for over two decades, and Iraq Business News is delighted to be chosen as a Media Partner. Our MENA-Med Conference showcases the regional exploration, oil/gas-LNG and energy […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th August 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,377 / $1,489 (-2.2%) (weekly change). The number of week traded shares was 4.7bn and the weekly trading volume was ID10.1bn ($8.4mn). ISX Company Announcements […]
Iraqi PM Endorses Iraq Finance 2012
Message received from the Prime Minister's Office With respect to your letter to Dr. Hamid Khalaf Ahmad, head of the Prime Minister's Office, and your invitation to the Prime Minister to attend the International Conference and Exhibition on Banking, Finance, and Investment in Iraq, we would like to inform you that His Excellency the Prime […]
المؤتمر الدولي حول تكنولوجيا المياه وهندسة الموارد في العراق
المؤتمر الدولي للهندسة الموارد المائية تكنولوجيا في العراق والتزامها للإمكانات التقنية لتلبية الطلب المستقبلي هو مبتكرة جدا ومفهوم جديد جدا للمؤتمر الذي يجري التخطيط لعقده لتعزيز المناقشات حول موضوع هندسة الموارد المائية التكنولوجيا. المؤتمر سيكون بين حفنة المؤتمرات التي ستنظم حول هذا الموضوع الهام، وبالتالي ستشهد مشاركة عدد كبير من الضيوف والمشاركين من مختلف أنحاء […]
Ministry of Oil Confirms "Completely Different" 5th Round Contracts
By John Lee. Iraq's Petroleum Contracts and Licensing Directorate, part of the Ministry of Oil, has announced that it is working on the launch of the country's 5th energy licensing round. This round of bidding will relate to gas prospects only, with the PCLD saying it will: Choose the exploratory areas that have high and promising […]
Nassiriyah Oilfield and Refinery to be Offered as Single Contract
By John Lee. Iraq's Petroleum Contracts and Licensing Directorate, part of the Ministry of Oil, is preparing for a licensing round to develop the Al-Nasiriya oil field, and to build a refinery in the area. These will be considered as a single complete project, and qualified companies will soon be invited to tender. (Source: Ministry of […]
Iraqi Ports to Rehabilitate Container Yard at Umm Qasr
By John Lee. The General Company for Iraqi Ports has signed a contract with a specialized Company to rehabilitate a courtyard for storing containers in Um Qasr seaport. A statement by the Transportation Ministry said: "The Head of Northern Umm Qast port, Safa Abdul Hussein, signed a contract with Alaq Almisk and Almisnav Company to […]
Japanese Ambassador Thanks KRG for Support
Outgoing Japanese Ambassador Susumu Hasegawa met on Wednesday with President Barzani to bid him farewell as he prepares to leave Iraq. Ambassador Hasegawa thanked the President and the Kurdistan Regional Government (KRG) for their support and assistance. He discussed Japan’s relations with Iraq and the Kurdistan Region, as well as the projects that Japanese institutions […]