Iraq Petroleum 2012 Focuses on New Joint Ventures
The CWC Group has announced its program for the Iraq Petroleum 2012 Conference; focusing on the new joint venture partnerships in Iraq’s oil and gas industry and the best model of cooperation, this international senior level event is a must attend for industry professionals and government officials. Other key topics include: Iraq’s New Upstream Opportunities; […]
PM Visits British Housing Project in Najaf
The Iraqi Prime Minister, Mr Nouri Al Maliki visited the Copperchase – 4th Dimension Al Ghadeer Village Project on April 9th 2012. Mr Al Maliki’s visit endorses the excellent works carried out by the UK-Iraqi partnership in building low-cost housing as a part of the reconstruction efforts in the country. The Al Ghadeer Village is […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th April 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,285 / $1,402, (+0.3%) (weekly change). The number of week traded shares was 4.8 bn and the weekly trading volume was ID9.3bn ($7.8mn). ISX […]
Video: Iraq Comments on Trade, Investment, and WTO Membership
Statement by the Representative of Iraq at the General debate of the Thirteenth session of the United Nations Conference on Trade and Development (UNCTAD XIII): (Source: United Nations)
Investment Bearing Fruit in Iraq
Oil finds in Kurdistan dominated the news this week, as WesternZagros announced a major discovery at Kurdamir-2, and Gulf Keystone Petroluem had some good news to report at Shaikan-4. Meanwhile in the south of the country, Lukoil and its partners have started drilling and construction work at West Qurna-2, and a second new floating terminal […]
Iraq Exports First Oil Cargo from Second Offshore Terminal
Reuters reports that Iraq has exported its first cargo of crude oil from its second new Single Point Mooring (SPM) floating terminal in the Gulf on Tuesday. The tanker named "A Whale" (pictured) left the terminal with a cargo of of two million barrels of crude oil destined for India's state-run Indian Oil Corporation. The […]
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 […]