Businessmen Killed in Iraq Plane Crash
Reuters reports that the chief executive of private equity group MerchantBridge and two JPMorgan executives were among seven people killed when a small plane crashed in northern Iraq. The plane went down shortly after takeoff on Friday from Sulaimaniya airport in Kurdistan. MerchantBridge CEO Basil al-Rahim and Abdallah Lahoud, a partner in the company, died […]
DNO Sees Oil-Flow at Bastora
DNO has reported oil flow at its Bastora-1 site in Iraqi Kurdistan. Drilling of exploration well Bastora-1 in the Erbil license commenced on 7 September. The well has been drilled to total depth of 3,600 meters. As previously reported hydrocarbons were observed while drilling through several of the prospective intervals. Two tests were undertaken in […]
$238m Housing Project Starts in Tikrit
On Thursday, Salah al-Din’s [Salahadin] deputy governor laid the foundation stone for the largest housing compound in the city of Tikrit. Valued at about $238 million [286 trillion Iraqi dinars], the project is being built by a Jordanian company, an official said. “Ahmed Abduljabbar al-Kareem laid the foundation stone for the project in the area […]
More Tenders at Doura Refinery
Iraq’s Ministry of Oil has issued a tender for the supply of a wide range of chemicals and materials for Daura refinery. Closing date for receipt of bids is 15th February. Please click on the following links to download the tender documents: REHABILITATION OF ROTOR FOR 'TERRY TURBINE' WIRE WINDING MACHINE TANK CALIBRATION
Materials Required at Doura Refinery
Iraq’s Ministry of Oil has issued a tender for the supply of a wide range of chemicals and materials for Daura refinery. Please click on the following links to download the tender documents. The items, in the order of closing date for receipt of bids: 15th February: 2,000 Kg anti-foam agent 12 tons NALCO N-5166 […]
Spare Parts Needed at Doura Refinery
Iraq’s Ministry of Oil has issued a tender for the supply of spare parts for Daura refinery. Please click on the following links to download the tender documents. The items, in the order of closing date for receipt of bids: 27th February: SPARES FOR PUMP P.701 AB SPARES FOR PUMP P.405 C/D FIRE FIGHTING PROTECTIVE […]
New Gulf Keystone Corporate Film
Gulf Keystone has just put a new corporate video on its website. The film is very professional and gives an excellent overview of the company and its operations in Iraqi Kurdistan. Please click here to view the film.
DNO Starts Export Production Tests, 10k bpd from Tawke
DNO can confirm that export production tests at the Tawke oil field in the Kurdistan Region of Iraq commenced on 2 February. At present, the tested volumes are around 10,000 bopd. The technical tests are being conducted in close coordination with the Kurdistan Regional Government and the Northern Oil Company to ensure a responsible and […]
How Will Egypt Affect Iraq?
With political and social upheaval, first in Tunisia and now in Egypt, the big question on many minds at the moment is to what extent the unrest will spread to other countries in the Arab world. But despite the undoubted poverty in Iraq, it is rarely mentioned as possible candidate for a popular uprising, and […]
Iraq Expects $30bn Investment in 2011
Iraq expects private investment in its economy to triple to $30 billion [36 trillion Iraqi dinars] this year, as energy, agriculture and housing projects accelerate now that the country has formed a new government, a senior government official said on Tuesday. Investment exceeded $10 billion last year, Salar Mohammed Ameen, vice chairman of the National […]
Gulf Keystone Likely Takeover Target: COO
According to a report from Reuters, oil explorer Gulf Keystone sees itself increasingly as a potential takeover target, but has not received any serious takeover approaches so far. "As the political situation between Iraq and Kurdistan gets more and more stable... you have to think that somewhere along the line there'll be some kind of […]
Iraq's Jan Oil Exports Highest Since 2003
Iraq exported an average of 2.163 million barrels of oil per day in January, up from 1.951 million bpd in December, its highest level since the 2003 U.S.-led invasion, a top oil official said on Wednesday. Falah Alamri, head of the State Oil Marketing Organisation (SOMO), told Reuters on the sidelines of an energy conference […]