Iraq Favours Shell, Total, KOGAS for Gas Fields
Iraq will invite 15 companies before the end of the year to bid to develop three gas fields and Royal Dutch Shell, Total and South Korea's KOGAS are the favourites.
Iraq Agrees to reduce signature bonuses on oilfields ..... but
Iraq's Oil Ministry has slashed signature bonuses on two oilfield development deals ...... but is turning them into unrecoverable payments.
Kuwaitis Visit Ahl al-Bayt University
A Kuwaiti scientific and cultural delegation paid a visit to Ahl al-Bayt University in Karbala on Wednesday, the head of the university’s press department said. “The Kuwaiti delegation includes a number of professors and students from different Kuwaiti universities,” Dr. Mohammad Abd Fihan told Aswat al-Iraq news agency. “The visit aims to acquaint delegates with […]
Creek Lining West Karbala at a Cost of One Billion and 600 Million Dinars
The Governor of Karbala, Amal Al Din Al Her, on Sunday, opened a creek lining project west of the city to reduce waste of water at a cost of one billion, 600 million dinars. The Al Rashdia river lining project which lies in Al Hurr district , (5 km west Karbala) was opened after about […]
Minister Meets Italian Water Companies in Jordan
Water Resources Minister Abdullatief Jamal Rashied headed for Jordan leading an Iraqi delegation to attend a meeting with Italian companies on the strategic study of water resources, a ministry’s statement said on Wednesday. “The long-term strategic study is considered as the future policy for water resources in Iraq,” the minister said in a statement received […]
Zain Changes Management in Iraq
The Zain Group announced today that the management of its Iraq operation, Zain Iraq, will henceforth fall under the direct supervision of the Group's Chief Executive, Nabeel Bin Salamah. The former Zain Iraq CEO, Ali Al-Dahwi, has been appointed special advisor on Iraq for the Zain Group. The Zain Group explained that the move was […]
Iraq, Kurdistan Closer to Solution on Paying Oil Firms
Kurdish and federal Iraqi officials have agreed on potential mechanisms for paying oil firms operating in the Kurdish north but the proposals must be approved by the Iraqi cabinet.
Council of Ministers Agrees to establish Oil Company
The Council of Ministers agreed on Tuesday on the proposal presented by the Oil Ministry to establish the Central Oil Company (COC) with a capital of 100 billion Iraqi dinars.
Council of Ministers Authorises Finance Minister to use Japanese Loan
The council authorised the minister to invest the remaining amount of the Japanese loan of around $220 million in projects.
South Koreans Still in Talks for Steel Complex in Iraq
The Basra steel mill will have a capacity of 1.2 million-t/y of iron bars; 600,000-t/y of section steel; 1.2 million-t/y of hot-rolled products and a 500MW power station.
Basra Approves Free Trade-zone with Iran
Basra’s Investment Commission granted a permission to start a free trade-zone area with Iran.
Small Farmers to benefit from ID33 Bn Loans
The agriculture ministry has approved 2081 loans worth 33 billion Iraqi dinars, most of them will be given to small farmers. “The loan funds’ board decided on Tuesday (April 13) during its 30th session, headed by Minister Akram Moussa al-Hakim, to approve 2081 loans,” said a ministry’s statement received by Aswat al-Iraq news agency. “The […]