Kirkuk Pipe rupture was sabotage
A pipeline rupture that halted Iraq's crude oil exports to the Turkish Mediterranean port of Ceyhan was caused by sabotage and could take up to five days to fix, a source at Iraq's North Oil Company said today. The rupture halted oil flow from Iraq's northern fields to Ceyhan on Sunday. "After examining the oil […]
Iraq Signs Agreement with Norway
Iraq has signed a development agreement of co operation with Norway. A press statement issued by the Foreign Affairs Ministry received by Eye media says that the minister, Hoshiar Zeebari, signed the agreement with Norway's ambassador. The agreement is for development and expansion of cooperation in environment, fund management and competence in oil administration. Zeebari […]
No easy fix for corrupt state banks
Last month, on the occasion of Rafidain Bank’s 69th anniversary celebration, the chairman reported that the bank was looking forward to implementing its new IT system “as soon as possible.” The system, which includes the Mysis products “Bankmaster” and “Branchpower,” is supposed to increase efficiency and reduce operational risk by bringing together information throughout the […]
Malfunction Stops Iraq’s Oil Pipeline to Turkey
Iraqi oil exports through the pipeline to Turkey have been stopped due to technical malfunctions on the Iraqi side.
Wood Group GTS Signs Operations & Maintenance Agreement
Wood Group GTS, part of international energy services company Wood Group, signed a multi-year agreement with Mass Global Investment Company (Mass Global) for operations & maintenance of the Solymaniah Power Facility, located in the Kurdistan Region of Iraq.
Baghdad Puts Gas Trio on Table
Iraq plans to offer three gas fields with combined in-place resources of 25 trillion cubic feet of gas to international bidders “in the coming months”, according to Iraqi Oil Minister Hussain Shahristani.
American Amb. Urges Iraqi Government to Support Private Sector
The U.S. Ambassador in Baghdad, Christopher Hill, on Monday called on the Iraqi government to support the private sector to improve the national economy.
Preparations to Establish Truck Assembly Plant in Kurdistan
German consul in Arbil said on Monday that talks underway to implement important projects in Kurdistan, including the establishment of a truck assembly plant.
Air Arabia Set to Take off for Najaf
Sharjah Air Arabia, the largest low-cost carrier in the Middle East and North Africa, yesterday announced the launch of its service to the city of Najaf, Iraq, from its hub in Sharjah.
Etisalat Eyes Acquisitions in Syria, Iraq
Dubai Emirates Telecommunications Corporation, or Etisalat, is in a three-pronged expansion plan as it eyes new acquisitions in Syria, Iraq and an increased presence in India. "The Iraqi government announced it would issue a fourth licence and we expressed our interest," Etisalat chairman Mohammad Omran said yesterday. "The [Syria] government has announced that it would […]
Dhi Qar Farmers Banned from Planting Rice
The Agriculture Directorate in Dhi Qar said that it was surprised by the decision taken by the Common Agricultural Governmental Commission which banned rice agriculture in Dhi Qar province. However, earlier the government had allowed planting 7500 dunom with rice during the current season. The directorate said that the commission also banned planting rice in […]
Basra Governor Discusses Reconstruction with Jordanians
Basra Governor, Shaltagh Abboud al-Mayah, discussed on Monday with Jordanian minister of finance businessmen’s contribution in the reconstruction operations in the province, according to an official statement. “The minister expressed his ministry’s readiness to provide all facilities and to receive Iraqi employees to train them in banking, accounting and tax,” said the statement received by […]