LUKoil Starts Drilling at West Qurna-2
LUKOIL started production drilling and construction of a key production facility, namely a Central Processing Facility, at the West Qurna-2 field in Iraq on Wednesday. Abdel Karim al-Luaibi, the Iraqi Oil Minister, and also the heads of the Basra province, Iraq's South Oil Company, LUKOIL Overseas and of the major contractor companies Baker Hughes and […]
Iraq Contracts Boost Nessco Results
Telecoms networks company Nessco Group of Scotland reports that it has almost doubled its turnover from £16.8m to £33.1m, for the year ending April 2012. During the year, the company secured two new contracts worth a total of £7 million in Iraq. The first project will support a new offshore manifold and metering platform in […]
Diaz Reus Opens Offices In Iraq
Global law firm Diaz Reus and Targ, LLP today [Wednesday] announced the opening of offices in Iraq, further expanding its presence in the Middle East and reinforcing its long term commitment to the region. "As the first major international U.S. law firm to enter post-war Iraq, our new offices provide us with a significant presence […]
Min. of Communications Keynote Speaker at Iraq Telecoms 2012
The CWC Group has confirmed H.E. Mohammed Tawfik Allawi, The Minister of Communications for the Iraqi Government will present the opening keynote address at Iraq Telecoms 2012, taking place on 12- 14 November in Istanbul, Turkey. He will discuss the role of the Iraqi telecommunications industry as a key driver for economic growth, and will […]
SOC Output Forecasts for Southern Oil Fields
Production at BP's Rumaila oilfield (pictured) is running at 1.316 million barrels per day (bpd), and is expected to increase by another 250,000 bpd in the second half of the year, the head of state-run South Oil Company said, according to Reuters. Dhiya Jaffar also told reporters at a news conference that ouput from West […]
Iraq Pipeline Disruptions Threaten Reliability of Kirkuk Crude
JBC Energy, the Austria-based research firm, has said that disruptions at a pipeline network carrying Iraqi crude oil to the Turkish Mediterranean port of Ceyhan (pictured) have threatened the reliability of Kirkuk oil exports, Bloomberg has reported. "The closures and reduced flows seen over the last six months raise questions on the viability of Kirkuk […]
Devco Signs $78.5m Deal for Sulphur Unit
Bloomberg reports that a company called Devco International has signed a $78.5 million contract to supply and install a sulphur purification system at a state-run plant in northern Iraq. The contract was for a turn-key installation of a sulfur purification system including sulfur filtration, sulfur recovery unit, and submerged combustion distillation unit. The purification unit […]
Tehran, Baghdad Bolster Industrial and Trade Ties
Iran and Iraq have agreed to increase cooperation in industry and trade, the IRNA news agency reported. Iraq's Planning Minister, Ali Yusuf al-Shukri, Industry and Minerals Minister, Ahmed Nasser Al-Karbouli, and Trade Minister, Khairallah Hassan Babike, met with Iran's Minister for Industry, Mining and Trade, Mehdi Ghazanfari, in Tehran on Monday. They agreed to hold […]
Weekly Security Update for 25th April 2012
Levels of violence rose in Iraq last week with more incidents recorded than any other week since the March 2010 election. In total, at least 84 people were killed and 206 injured in nationwide incidents – a very high figure for the country. The vast majority of incidents took place in the central region. In […]
Supplying Steel Storage Tanks
Ministry of Industry & Minerals Alfurat State Company for chemical industries import tender announcement Tender No: 5 /T/FUR-1/ 2012 ; closing date :21-5-2012 MONDAY 12 AM, Our company is pleased to announce this tender , the specialized and experienced bidders who desire to participate can obtain the required documents from (our headquarter - commercial department located in […]
Najaf Grants 4 Investment Licences Worth $79m
Najaf Investment Committee has approved ed four new investment licences in the areas of tourism, agriculture and entertainment, worth a total of $ 78.7 million (91.7 billion IQD): an agricultural project to create an integrated farm that includes the cultivation of palm trees, olive trees and seasonal crops in addition to housing livestock of all […]
Iraq to Produce 48% of Wheat Demand
Iraq's Ministry of Agriculture will cultivate six million doumns [1.5 million hectares] of land to produce 48 percent of the country's wheat demand, according to AKnews. This is the equivalent of 2.2 million tons of wheat, said general director of investment projects at the ministry Sabah Dar'e. Iraq requires more than four million tons of […]