BP Iraq Share Fair - Rumaila Field Developments
As the lead contractor for the development of the super-giant Rumaila field in Southern Iraq, and on behalf of partners PetroChina Company Limited and the Oil Marketing Company of the Republic of Iraq, BP Iraq NV will be holding a Share Fair event at the Conrad Hotel in Istanbul on 22 November 2010. The objective […]
BP Presentation on Rumaila Oilfield
Further to BP's Share Fair event for contractors interested in working at the giant Rumaila oilfield, the consortium partners have prepared a very informative presentation on the project. Please maximise your browser window and click on the following pages to view the company's plans for what will be the world's second largest producing oilfield:
11 New Investment Permits Worth $243m in Baghdad
Baghdad Investment Commission has granted 11 new permits to invest $243 million [290 billion Iraqi dinars] in different sectors of the Iraqi capital. “The investments will embrace the sectors of housing, commerce, tourism, and industries,” the commission said in a press release on Wednesday, according to Aswat al-Iraq news agency. It explained that the commission […]
First Kurdistan–Korean Business Forum Gets Off to Flying Start
Kurdistan Regional Government (KRG) officials hosted a delegation of prominent South Korean companies on Wednesday in the first meeting of the Kurdistan-Korean Business Forum. South Korea’s Ambassador Suk Bum Park, Chairman of the Investment Board Minister Herish Muharam, and Head of the KRG Department of Foreign Relations Minister Falah Mustafa Bakir presided over the forum […]
Sonoro Signs Asphalt License Agreement
Sonoro announced that its wholly owned subsidiary, Sonoro Energy Iraq, and its partner, Berkeley Petroleum Mesopotamia Asphalts Limited (together, the "Licensee"), have signed an Asphalt License Agreement (the "Agreement") with the Al-Salah ad Din Provincial Government in the Republic of Iraq. The Salah ad Din Province lies just to the North of Baghdad and lies […]
$100m Turkish Poultry Project in Diwaniya
A Turkish company has expressed readiness to rehabilitate a poultry project in Diwaniya at a cost of $100 million [117 billion Iraqi dinars]. This came during a meeting the chairman of the agriculture and water resources committee in Diwaniya, Baqer Ali al-Shaalan, held on Wednesday (Oct. 6) with a delegation of a Turkish company. “Talks […]
Mines Advisory Group’s Iraq Report, August 2010
MAG (pronounced "Mag") – Mines Advisory Group – is a neutral and impartial humanitarian organisation that clears the remnants of conflict for the benefit of communities worldwide. Summary of outputs: • MAG teams released 303,874 m2 of land through a combination of electronic, hand mechanical, MDD clearance and area reduction • MAG teams removed and […]
Russian Firm to Invest in New Industrial Park
A Russian firm has expressed interest in investing in the construction of the new industrial area east of Amara city. “The firm is ready to execute the project according to credit payment system,” a local Iraqi source told Aswat al-Iraq news agency on Wednesday. He explained that the new industrial area will be on the […]
Major Water Project in Basra
On Wednesday, a local company began work on the biggest drinking water project in Basra, a local official said. “A local company started today to implement the al-Khatwa water project, the biggest drinking water project in the al-Zubeir district in Basra,” Abbas Rasham, the district’s mayor, told Aswat al-Iraq news agency. “The project will contribute […]
Court Rules in DNO Arbitration re Kurdistan
The London Court of International Arbitration has disclosed the award in the arbitration proceedings between DNO Iraq AS, a subsidiary of DNO International ASA (DNO), and certain third party interests in the Kurdistan Region of Iraq. The award, which is conditional, does not specify any figure of damages to be paid by DNO, but rather […]
Iraq's Fourth Mobile Phone Licence
The Iraqi Minister of Communications has called on international companies to do business in the country's telecoms sector. Speaking at Telecoms World Middle East, Farook Abdul-Rahman revealed: "As you are all aware, we are not short of resources and finance and what we are really looking for from you is the transfer of the latest […]
Tenders for $180m Contract to Overhaul Iraq’s Civil Service
The U.S. Agency for International Development (USAID) has outlined proposals in its request for bidders for a $180 million contract to set up civil service laws and regulations, and to create local institutions to deliver services to the population. The four-year program is called the "Iraq National and Provincial Administrative Reform Project". Applications are to […]