Shalamijah Border Crossing Reopens
By John Lee. Trade reportedly resumed on Sunday at the Shalamijah (Shalamcheh) border crossing between Iraq and Iran. According to Anadolu Agency, the crossing was closed from 31st July 31 until 8th August due to coronavirus. (Source: Anadolu Agency) (Picture credit: Tasnim, under Creative Commons licence)
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Operations & Security Manager, Management Systems International (MSI) Finance and Administrative Manager, Management Systems International (MSI) Third-Party Monitoring Manager, Management Systems International (MSI) Data Manager, Management Systems International (MSI) Third-Party Field Monitors, Management Systems International (MSI) Country Finance Manager, Agency for Technical Cooperation and […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Monitoring, Evaluation and Learning (MEL) Specialists, Management Systems International (MSI) Child Protection Manager, Save the Children Monitoring, evaluation, accountability & learning coordinator, Médecins du Monde (MdM) Project Manager, UNOPS - United Nations Office for Project Services IM Database Developer/Programmer, International Organization for […]
300MW Power Station opened near Erbil
By John Lee. A new 300-megawatt steam power plant has been recently opened in Khabat, on the outskirts of Erbil. The plant, built in partnership with South Korean companies POSCO and the Korean National Oil Company (KNOC), adds 10 percent to the region's electricity capacity. Speaking at the opening ceremony, KRG Prime Minister Masrour Barzani […]
Aggreko wins Major Order in Iraq
By John Lee. Aggreko plc, the Scottish-based supplier of temporary power generation equipment, has won a significant order in Iraq during the first half of this year. In its results for the six months ended 30th June 2020, the company said: "Order intake [in its Power Solutions Utility division] was 237 MW (2019: 245 MW), […]
Qaiwan Group to build new Highway in Slemani
By John Lee. KRG Prime Minister Masrour Barzani recently laid the foundation stone for a new 100-metre wide highway in Slemani (Sulaymaniyah). The 146-kilometre road will be built in three phases through a cost-sharing arrangement between the KRG and the Qaiwan Group. The first stage, valued at IQD 400 billion ($336 million), is planned to […]
Beirut Explosion: Iraq sends Aid to Lebanon
By John Lee. On Wednesday evening, the Lebanese Prime Minister Hassan Diab received an Iraqi delegation headed by Oil Minister Ihsan Abdul-Jabbar, representing Iraqi Prime Minister Mustafa Al-Kadhimi, and which included Deputy Health Minister Hani Al-Aqabi, Chargé D'affaires, Amin Al-Nasrawi, Political Advisor Ahmad Jamal and Oil Minister's Office Head Haidar Obaid, in the presence of […]
Genel Energy Shares Fall on Asset Impairment
By John Lee. Shares in Genel Energy were trading down 4.5 percent on Thursday morning after the company announced its unaudited results for the six months ended 30 June 2020. Bill Higgs, Chief Executive of Genel, said: "Genel's robust business model, which is designed to provide resilience in a challenging environment, has demonstrated its value […]
Weir announces Multi-Year Contract in Iraq
Weir Oil & Gas Dubai announced today it has signed a multi-year multimillion dollar contract in Iraq with a major gas company. The contract secures the provision of Weir Oil & Gas fabrication, workshop-machining services and field services to support the company's operations in Iraq, especially with respect to brownfield modifications and rotating equipment maintenance. […]
Issam Al-Chalabi's 50 Years in the World of Oil
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A number of Iraq's oil professionals and technocrats have authored books documenting their own experience during the period of their time in the Iraqi petroleum sector. In addition to providing invaluable first-person […]
"OPEC Plus" Agreement: Iraq cuts Oil Exports again
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for July of 85,663,290 barrels, giving an average for the month of 2.763 million barrels per day (bpd), down from the 2.816 million bpd exported in June. These exports from the oilfields in central and southern Iraq amounted to 82,700,381 barrels, while exports […]
Science Camp - The Iraqi Maker Space
By Aymen Salman, for The Station. Re-published with permission by Iraq Business News. As the impact of the health and economic crisis ravages, the world start-ups are trying to overcome the economic difficulties they face; these projects face an existential threat that has damaged many companies around the world. Despite the pessimistic circumstances, we can […]