Pathfinder Trade Mission to Erbil
Pathfinder Trade & Invest (PTi) with the support of the Kurdistan Regional Government and UKTI, invite you to join a High Level Trade Mission from the 17th– 21st June to Erbil. This Mission will be of interest to those companies in the following sectors: Financial services and Insurance, Education and Training, Construction and Construction Supplies, […]
Kurdistan Business Seminar in London
Pathfinder Trade & Invest (PTi) invite you to attend a Kurdistan Business Seminar kindly sponsored by DLA Piper UK LLP at their offices situated at 3 Noble Street, London EC2V 7EE, on 28th May 2012 from 10.00 am to 12.30 pm. Whilst many events in the Middle East have cast a shadow over the region, […]
Fairstar Wins $9.6m Saipem Contract in Iraq
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Saipem S.p.A. to provide float-over and installation services to Saipem for the 8,000 tonnes CMMP Platform in the Persian Gulf, off-shore Iraq. Saipem has contracted the new 50,000DWT semi-submersible vessel FINESSE for the transportation of the CMMP module from the fabrication facility in Karimun, […]
Turkey's Dorce Wins Basra Hospital Contract
Dorce Prefabricated Building and Construction Industry, Trade INC. has successfully completed numerous international projects to date and has began construction of 5 new projects in Mauritania and Iraq. The company's General Manager, Suheyla Cebi Karahan, emphasized the importance of these projects with the following words, "Dorce has the ability to follow a high quality policy […]
US Congressional Staff visit Kurdistan
A large delegation of US Congressional staff visited the Kurdistan Region last week to meet with government officials, local businesses and schools, and to get a first hand view of how US-KRG relations can be further developed and improved. "This was the first Congressional staff delegation of its kind and size to the Kurdistan Region," […]
Iraq Gets A New De-Baathification Board ...
The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]
Shell "Reduces Majnoon Plateau Target by Almost Half"
Reuters reported today (8 May 2012) that it has seen ministry of oil documents indicating that Royal Dutch Shell is ready to cut the production plateau target of the Majnoon oilfield to 1 million bpd from 1.8 million bpd. In my humble view, if this is true, it should be a welcoming development. As many, […]
OPEC Oil Output highest since 2008
The output of OPEC in April hit its highest point since 2008 as extra crude from countries such as Libya, Saudi Arabia, and Iraq more than compensated from the loss of Iranian crude supply. Analysts found that the 12 member countries making up OPEC averaged 31.75 million barrels per day (mbpd). In April it was […]
Iraq Topples Iran to become 2nd Largest Crude Supplier to India
The recent sanctions imposed on Iran by the United States has in turn put pressure on India to diversify to other oil producing nations. Until now Iran was India’s second largest supplier of oil, meeting 12% of the country’s needs. This position has now been taken over by Iraq. The reason for the movement away […]
Shell in Talks to Cut Majnoon Output Target
Royal Dutch Shell is in talks to try to cut the production target at the Majnoon oilfield to 1 million bpd from 1.8 bpd. Shell executives proposed the extension of the oil fields plateau, which begins in 2017, to 20 years from seven years. The Iraqi side is understood to be resisting pressure to increase […]
Iraqi Political Leader Meet to Discuss Political Impasse
Leaders from Iraq’s top political parties announced on Saturday that a solution was needed to a growing crisis between the Shi’ite led government and the Sunnis and Kurds. The statement was made after a series of meetings between senior Sunni, Kurdish and Shiite politicians who are becoming increasingly frustrated with Prime Minister Nouri al-Maliki (pictured). […]
EIC Iraq Energy Overview 2012
EIC Consult brings you a fantastic opportunity to gain a thorough understanding of the Iraqi energy marketplace. The Iraq 2012 report delivers expert energy intelligence designed to identify existing investment opportunities and understand future growth requirements. The report provides over 200 pages of critical analysis of the current political and business climate alongside comprehensive coverage […]