Rumaila Oilfield Beats Production Target
The Rumaila Operating Organisation (ROO) has met a major milestone in the re-development of the super-giant field in Southern Iraq by increasing production by more than 10 per cent above the 1.066 million barrels a day (b/d) initial production rate agreed in December 2009. Meeting this production target, and the approval of the Rumaila rehabilitation […]
Iraq to Seek Bids for Nassiriya Oilfield Development
Iraq plans to invite international oil companies to develop the giant Nassiriya oilfield in a bidding round later this year, a senior Iraqi government official said on Monday. Pre-qualified Japanese companies will be invited to develop the field, along with other interested global oil firms, Deputy Prime Minister for Energy Affairs Hussain al-Shahristani told reporters, […]
Iraq Rail Boss Calls for Privatisation of Loss-Making Co.
The Iraqi Transport Ministry said on Sunday evening that the national rail company loses 72 billion Iraqi Dinars ($62m) each year due to high payroll expenditure and low annual revenues of less than 12bn Iraqi Dinars ($10m). Speaking to AKnews, the General Director of the Iraqi National Rail Company, Jawad al-Kharasani, complained that the network’s […]
Iraq, Kuwait Incident "Highly Unlikely" to Escalate
A Kuwaiti coast guard died following an exchange of fire with an Iraqi fishing boat in an incident that highlights the need for discussions on controlling the border, Iraqi government spokesman Ali al-Dabbagh said. Bloomberg reports that Iraq is investigating the events yesterday, which also led to the sinking of the vessel. Four Iraqis aboard […]
Iraq, Iran to Open Free Zone in Wassit
An agreement has been reached between Iraq and Iran to open a joint free market in southern Iraq’s Wassit Province, the Province’s Council Chairman said on Tuesday. “Wassit’s Council had made a big effort to reach an agreement with the Iranian side to open a joint free market between the two countries at the Zurbatiya […]
Japan to Assist Iraq's Nuclear Ambitions
Japan is ready to boost cooperation and projects in Iraq’s energy sector including rebuilding Iraqi nuclear reactor(s), Hussain Shahristani, Iraqi deputy prime minister for energy,has told reporters. Shahristani reportedly said after his meeting with the Japanese Economy, Trade and Industry Minister, Akihiro Ohata, in Baghdad, "we discussed the issue of reconstruction of the nuclear reactor(s) […]
Iraq's Electricity Ministry to Present 2010-2030 Master Plan
The Ministry of Electricity in Baghdad, in cooperation with consulting firm Parsons Brinckerhoff (PB), will present Iraq’s Long Term Electricity Master Plan at a 2-day conference in Istanbul on 1st and 2nd February, 2011. The 2010 – 2030 Long Term Master Plan, prepared by joint teams from Parsons Brinckerhoff and the Ministry of Electricity's Planning […]
Najaf Refinery Announces $5.5m Govt Revenues for 2010
The manager of Najaf refinery has announced that the refinery’s contribution to the province’s economy exceeded 6bn Iraqi Dinars (IQD) in 2010. Laith al-Gharrawi [Laith al-Azzawi] told AKnews that the refinery refined 5.5m barrels of oil in 2010, bringing in a revenue for the province of 6.47 billion IQD ($5.5m), according to the law ratified […]
Iraq's Ministry of Electicity Tenders for Cables
Iraq's Ministry of Electricity has today issued a tender for the supply of 132KV cables. Please click here to download details (in Arabic only). The closing date for the receipt of bids is 26th January.
Iraq's Ministry of Trade Tenders for Road Paving
Iraq's Ministry of Trade has issued a tender for the paving of roads in the vacinity of Samawah silo. Deadline for receipt of bids is 17th January. Please click here to download details (Arabic).
Iraq Seeks Spare Parts for Weaving Machines
Iraq's State Company for Woollen Industries, through the Ministry of Industry and Materials, has issued a tender for spare parts for Sulzer & Techmash weaving machines. Deadline for receipt of bids is 6th February. Please click here to download details.
Northern Gas Company Tenders
Iraq's Northern Gas Company, through the Ministry of Oil, has issued tenders for the supply of : lathes - deadline 9th February; safety containers - deadline 6th February.