Rumaila Oilfield to Reach 1.4m bpd by Year-End
By John Lee. State-run Iraqi News Agency (INA) has reported that the management of Rumaila oil field in Basra has announced plans to increase its daily production capacity to 1.4 million barrels by the end of this year. It quotes Emad Hasan Lafta, the operations director of the field, as saying that the current daily […]
Iraqi Revives 25 Long-Stalled Water Projects
By John Lee. The Iraqi Ministry of Water Resources has announced that it will resume 25 projects that have remained inactive for the past decade. The Ministry also disclosed the withdrawal of the Eastern Jazeera Irrigation Project from two companies with a history of delays. Khalid Shamal, the Ministry's spokesperson, informed the state-run Iraqi News […]
Iraq to Increase Oil Exports to China
By John Lee. In its 42nd regular session, chaired by Prime Minister Mohammed Shia Al-Sudani, the Iraqi Cabinet agreed to increase oil exports to China. In a statement, the cabiniet said the move was to support essential and strategic projects, in alignment with the Iraq-China Framework Agreement. As a result, oil exports to China will […]
Completion of Seismic Surveys in Al-Najaf's Haifa Site
By John Lee. The Iraqi Oil Exploration Company recently marked the successful completion of seismic surveys for the two-dimensional Haifa program in the Al-Najaf province. According to the Ministry of Oil, the surveys, conducted by the company, covered extensive areas within record time. This initiative aligns with the Ministry of Oil's plan to conduct seismic […]
US Advises Citizens Not to Travel to Iraq
By John Lee. The US State Department has said that US citizens should not travel to Iraq. The announcement on Sunday followed recent attacks on Americans in the region. Full statement from US State Department: Updated to reflect the ordered departure of non-emergency U.S. government personnel and eligible family members. Do not travel to Iraq […]
Officials Inspect Rehabilitation Projects at Baiji Refinery
By John Lee. A government delegation, led by the Prime Minister's Energy Advisor, Mr. Faiad Hassan Naima, and the Deputy Minister of Oil for Refining Affairs, Mr. Hameed Younis, visited the Baiji Northern Refinery on Thursday, October 19, 2023. The purpose of this visit was to assess the progress of the rehabilitation and reconstruction project […]
Developing Iraqi Private Sector's Green Economy
The Italian Agency for Development Cooperation (AICS) is funding a project implemented by the ILO in Iraq's Governorate of Al Muthana to enhance support for private sector development and decent work creation, with a focus on supporting young people to pursue sustainable green businesses and start-ups in Southern Iraq. The ILO held meetings with partners […]
Trelleborg supplying Sealing Systems for Iraq Tunnel Project
By John Lee. Dubai-based Trelleborg Marine and Infrastructure has reportedly supplying sealing systems to South Korea's Daewoo Engineering & Construction (Daewoo E&C) for the Khor Al Zubair Immersed Tunnel project. According to the company, this is currently the largest immersed tunnel being constructed in the Middle East. It says that Trelleborg's portfolio of sealing systems […]
IDC Completes New Oil Well at Al-Zubair Oil Field
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of the new oil well at Zubair oil field in Basra. Well Zubair/607 was drilled to a depth of 3,533 meters in 36 days. This achievement is part of a contract with the Italian company ENI to drill 37 oil wells at […]
Real Madrid introduces Educational Programme in Iraq
Real Madrid Foundation travelled to Baghdad to present the Educational Football Program developed in collaboration with the Nabaa Al-Salman Group, which will be launched in Iraq from this season onwards. The Minister of Youth and Sport, Ahmed Al-Mubarqa; joined by the representative of the Prime Minister of Iraq, Khalid Qubayyan; and the president of the […]
Addressing Iraq's Desert Locust Challenge
The Food and Agriculture Organization (FAO) of the United Nations, in partnership with the Commission for Controlling the Desert Locust in the Central Region (CRC) and the Iraqi Ministry of Agriculture, launched a desert locust management training programme to ensure a rapid and effective response to locust outbreaks. Desert locusts, known as one of the […]
Turkey Extends Mandate for Military Ops in Iraq
By Ezgi Akin for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey extends mandate for military operations in Syria, Iraq The Turkish parliament's extension of the mandate for another two years comes amid rising tensions between Turkey and the United […]