US put Iraqi Firms on Piracy List
By John Lee. The Office of the United States Trade Representative (USTR) has included Iraqi companies on its newly-released 2021 Review of Notorious Markets for Counterfeiting and Piracy (the Notorious Markets List). The Notorious Markets List highlights online and physical markets that reportedly engage in or facilitate substantial trademark counterfeiting or copyright piracy. "The global […]
Germany provides Additional Contribution to UNMAS in Iraq
The Federal Republic of Germany Provides Additional Contribution to UNMAS in Support of the Mine Action Sector in Iraq The United Nations Mine Action Service (UNMAS) in Iraq welcomes an additional contribution of USD 5.7 million from the Federal Republic of Germany for residential area clearance in support of stabilization initiatives and post-conflict returns in […]
Iraq Joins the Patent Cooperation Treaty
The Government of Iraq has deposited its instrument of accession to the Patent Cooperation Treaty (PCT) with the Director General of the World Intellectual Property Organization (WIPO), making Iraq the 155th member of the PCT Union. The PCT will enter into force for Iraq on April 30, 2022. As from April 30, inventors in Iraq can file […]
Contract Awarded for Measuring Instruments
By John Lee. Ain Al-Sayad Company for General Contracts Ltd has won a contract with the United Nations Office for Project Services (UNOPS) for the "Supply and Installation of Electric Signals Measuring Instruments for the Signals School in Iraq." The contract is valued at $965,350. (Source: UNGM)
Strains on Marshes imperil Ecology, Way of Life
By Nicole Di Ilio for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Strains on ancient Mesopotamian marshes imperil ecology, way of life The marshes in southern Iraq have a unique ecosystem but face dangers due to climate change, dams built […]
IDC Drills New Well at Majnoon
By John Lee. The Iraqi Drilling Company (IDC) has announced that its technical and engineering staff have started drilling oil well MJ-129 in Majnoon oil field in Basra Province. The Director General of the IDC, Bassim Abdul Karim, said that the planned depth of the well is 3,648 meters, reaching to the Mishrif formation. He […]
DNO Updates Oil Reserves
By John Lee. DNO ASA, the Norwegian oil and gas operator, today announced it exited 2021 with 321 million barrels of oil equivalent (MMboe) of net proven and probable (2P) reserves, notwithstanding production of 34 MMboe during the year. The Company's 2P reserves life stood at 9.3 years. Combined with contingent (2C) resources of 189 […]
Genel Energy Updates its Oil Reserves
By John Lee. Genel Energy plc has updated its oil reserves across its portfolio. Net oil Reserves (MMbbls) 1P 2P 3P 31 December 2020 69.4 117.2 177.2 Production (11.6) (11.6) (11.6) Technical revisions 4.8 (1.4) (28.9) 31 December 2021 62.6 104.2 136.6 International petroleum consultants DeGolyer and MacNaughton, working on behalf of the operator DNO, […]
Progress in Reconstruction of Mosul Monuments
By Rina Bassist for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. UNESCO makes progress in reconstruction of Mosul monuments Paris-based UNESCO Chief Audrey Azoulay will travel to Mosul in March, to officially launch the second phase of the reconstruction of […]
Ahmed Mousa Jiyad: Nullification of KRG Oil Contracts
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. KRG' Contracts, Laws and Oil Exports are Unconstitutional and Nullified, Federal Supreme Court Decides Federal Supreme Court-FSC in Iraq issued, after ten years of debate and deliberate procrastination tactics, a long-waited constitutional […]
Reopening of Mosul University's Central Library
Moslawis celebrate the reopening of Mosul University's Central Library and Ninewa Federal Court of Appeal The newly-rehabilitated Central Library at Iraq's second-largest university, Mosul University, was officially reopened today by the United Nations Development Programme (UNDP), the Federal Republic of Germany and the Ninewa Governorate. Mosul University's Central Library, once a center of knowledge and […]