Iraq Warns France Against Unsanctioned Oil Deals
Iraq gave a veiled warning to France's Total on Wednesday not to make deals with the KRG without the approval of central government in Baghdad, reports Reuters. Kurdistan said on Tuesday it expects more oil majors to follow Exxon in striking deals in the region; Total has already said that it was interested. Iraqi Deputy […]
Goss International Wins Iraqi Printing Order
The Al-Wifaq Printing Company of Iraq has signed an order with Goss International at the drupa trade show in Düsseldorf for two new 16-page M-600 web presses. The investment is part of the company’s drive to modernize and innovate in ensuring the highest commercial print quality in Iraq. According to representatives of Al-Wifaq Printing Company, […]
Emirates to Launch Passenger Flights to Erbil
Emirates, one of the world's fastest growing airlines, will launch a new passenger destination in Iraq this August with the commencement of flights to Erbil, its third Iraqi destination after Basra and Baghdad. Starting from 12th August 2012, the capital of Iraqi Kurdistan will be the carrier's 17th passenger destination in the Middle East. The […]
Installation of Lukoil Decision Support Center
Lukoil Mid-East Limited, a designated operator for the West Qurna (Phase 2) contract Area in the Republic of Iraq is developing the West Qurna 2 oil field under the development and production service contract signed with the South Oil Company of the Iraqi Ministry of Oil. Legal entities , domestic and foreign companies having experience of […]
A Vote of Confidence in Iraq's Future
This week in London, Iraq Business News was delighted to be Gold Media Partner at CWC's Iraq Petroleum 2012 conference, attended by wide range of senior executives and officials from the energy sector. The following sound-bites will give you a small taste of the mood of the event: "Iraq has greater potential than any other […]
Iraq OKs Weatherford $843m Zubair Power Contract
On Tuesday, Iraq's Cabinet approved an $843 million service contract granted to Weatherford International to install six power stations at the Zubair oil field. Government spokesman and Minister of State Ali Al-Dabbagh told Bloomberg the plants will take 18 months to install. Italian company Eni controls almost 33 percent of the Zubair project, with Iraq’s […]
No Obama Response yet to Iraq Plea on Exxon deal
Reuters reports that the White House confirmed on Tuesday that President Barack Obama received a request from Iraqi Prime Minister Nouri al-Maliki to intervene to stop ExxonMobil's deal with the Kurdistan region. "We've received the letter but are going to decline comment until we respond to Prime Minister Maliki," said White House spokesman Tommy Vietor. […]
Greek and Turkish Firms Head-to-Head for Iraqi Power Contract
Greek power plant builder Metka SA, and Turkey’s Gama Holding AS, are reportedly the remaining two companies on the shortlist to build a new power station in Iraq, according to a report from Bloomberg, citing Naftemporiki. The 500 MW plant has an estimated budget of $400 million. In recent weeks both of these companies, along with […]
"We want More British Companies in Kurdistan", KRG President
The Kurdish Regional Government’s President Masoud Barzani has been telling a delegation of Iraq Britain Business Council members the door to trade with the Kurdish region was wide open. He said: "I hope that as companies you will support us at this critical time in the development of Kurdistan. "There are British businesses here already […]
Outgoing German Ambassador notes Progress in Kurdistan
In Salahaddin on Monday KRG President Masoud Barzani welcomed the outgoing German Ambassador Christian Berger, who came to bid farewell to the Kurdistan Region as he concludes his term in Iraq. President Barzani thanked the Ambassador for the important contributions of the German people and government toward the ongoing development of Kurdistan, and Germany’s significant […]
Weekly Security Update for 20th June 2012
Levels of violence rose in Iraq last week. AKE documented more incidents than in any other seven-day period since the March 2010 elections. At least 137 people were killed and 307 injured in nationwide attacks. This is the highest figure recorded in any week since May 2010. Over the course of the week a total […]
MOT Announces A New Sugar Tender
General Contracts Department / MOT hereby announce for purchasing the quantity of 50 000 MT +/- 5% in minimum of white sugar from Brazil , Europe, United Arab Emirates . So for all bidders who are willing to participate in this tender ,please visit the General Contracts Department in the head quarter of the Ministry […]