ENI to Hold Agricultural Seminars in Basra
Basra province and the Italian oil company ENI have agreed to hold courses for agricultural personnel in both governmental and private sectors, according to Aswat al-Iraq. A meeting was held with the Italian company to grant support to agricultural projects in the province, with the attendance of representatives from Florence University in Italy, which will […]
Al-Maliki to Visit Kuwait
AKnews reports that Iraqi Prime Minister Nouri al-Maliki has accepted an official invitation from the Kuwaiti Prime Minister Naser al-Mouhammed to visit the country in the coming days to discuss the outstanding issues between the two countries. Among the issues causing tensions between the two neighbours are shared oil fields, land and water border demarcations, […]
Power Generation Vessel Arrives in Basra
The Iraqi Ports Administration announced today that a power generation vessel arrived at Khor al-Zubair port last week. Aswat al-Iraq reports that the Turkish vessel will supply the national electrical grid with 110 megawatts of power. This is the third electricity generation vessel to arrive in Basra province. Two vessels are already working in Umm […]
Genel Energy Confirms Designs on Norway's DNO
Another leader of Genel Energy has stated his opinion that Norway's DNO is a possible takeover target. "DNO is our natural partner so it makes a lot of sense if we can take them into Genel," Mehmet Sepil, CEO of Genel Enerji, told Reuters. Genel Energy, formed by the combination of Vallares Plc and Turkey's […]
J2 Aircraft Dynamics wins $170k Iraq Contract
UK-based aerospace design, analysis and modelling software solutions company j2 Aircraft Dynamics Ltd has announced it has won a $170,000 contract with the Ministry of Science and Technology in Iraq to provide them with an aircraft design lab in Iraq and associated training and education over a 2 week course in the UK. Paul Jenkins, […]
Portuguese companies to visit Erbil
A mission of Portuguese entrepreneurs will visit Erbil, capital of the Kurdistan Region, from 22 and 28 November, to promote bilateral contacts with the aim of strengthening economic, scientific and business expertise and investment opportunities in a country that has emerged from conflict and years of international embargoes. The initiative is promoted by YUMN Worldwide, […]
New Federalism Jurisprudence of State of Law Alliance
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. […]
Fallout from ExxonMobil/KRG Continues
The fallout from the agreement between the Kurdistan Regional Government (KRG) and ExxonMobil to explore six blocks in Kurdistan continues to be felt. According to a report on Friday by Radio Free Europe/Radio Liberty, the U.S. government-funded news outlet, Iraq’s central government said it had settled the oil dispute with the KRG with an agreement […]
Gulf Keystone Sees Interest in Akri-Bijeel
Gulf Keystone CEO Todd Kozel (pictured) has told Reuters that the Kurdistan-focused oil explorer has interest for its 20 percent stake in the Arki-Bijeel block in the semi-autonomous region, but any sale was still in the preliminary stages: "We've got a lot of interested parties, but we have not identified a purchaser. "We haven't gone […]
Kurdistan-Related Oil Shares Rally
Share prices in companies related to oil exploration in Kurdistan rallied on Monday, as stories circulated about a resolution of the dispute between Baghdad and Erbil on the recognition of oil contracts. This came despite an escalation in tensions between the two administrations regarding these contracts, which was brought to a head with the announcement […]
Hope is Not a Scarce Resource in Iraq
By John Filson, for the Common Ground News Service (CGNews). Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. US President Barack Obama recently confirmed that he will bring US troops home from Iraq by the end of the year and, at the same time, […]
Dana Gas Updates on Kurdistan Operations
In its third quarter report, Dana Gas has given on update on its Kurdistan operations: "In the Kurdistan Region of Iraq, construction and commissioning of the LPG plant and supporting facilities are now complete, and gas is being delivered to the Erbil and Sulaymania power stations at peak rates in excess of 300 million standard […]