Sanctioned Russian Firm may Develop Iraq's Block 17
By John Lee. Russia's Stroytransgaz has signed a preliminary contract for the exploration, development and production of Block 17, in Anbar province. At a signing ceremony in Wednesday, Deputy Prime Minister for Energy Affairs and Oil Minister Thamer Abbas Ghadhban said that preliminary studies and information indicate the existence of oil reserves ranging between 2 […]
Oilserv Wins Contract at Sarta Oilfield
By John Lee. Genel Energy has confirmed that Chevron Sarta, as operator of the Sarta field (Genel 30% working interest), has signed a contract with Dubai-based OILSERV for the construction, installation, operation and maintenance of a 20,000 bopd central processing facility ('CPF'). OILSERV has been contracted for the facility through a lease agreement. The commissioning […]
New Investment Opportunities in Iraq
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Production of electrical transformers – Diala/Diyala State Company Production of solar panels – Al-Zawraa State Company (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
Iraq’s Rehabilitation Continues: Basra Megaprojects Conference
Iraq’s Rehabilitation Continues: Find out More at Basra Megaprojects Conference The summer months have seen Iraq continue with its quota-busting production run. According to figures from S&P Global Platts, the country added another 10,000 barrels per day in July, taking output to 4.78 million bpd, leaving it 270,000 bpd over its OPEC compliance target, due […]
Iraq Suspends US-Funded Broadcaster
On Tuesday, the Committee to Protect Journalists (CPJ) called on the Iraqi Communications and Media Committee (CMC) to reverse its three-month suspension of the U.S. government-funded Iraqi broadcaster Al-Hurra. In a statement released yesterday, Iraq’s media regulator, the Communications and Media Committee, suspended the license of Al-Hurra, a regional broadcaster funded by the U.S. Agency […]
IBBC hosts Iraqi Minister of Transport
The Iraq Britain Business Council (IBBC) was delighted to host H.E. Dr Abdullah Luaibi the Iraqi Minister of Transport in London today. The Minister, accompanied by a delegation of officials, was on a 4 day official visit to the United Kingdom organised by the Department of International Trade. His visit included meetings with IBBC Members […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Programme Assistant, WHO - World Health Organization Technical Field Manager, Mines Advisory Group (MAG) Investigator, UNS-SPM UNITAD - United Nations Investigative Team for Accountability of Daesh/ISIL Project Manager, Cooperazione Internazionale Fondazione (COOPI) International Procurement Specialist, FAO - Food and Agriculture Organization of the […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Information Management Officer, UNOPS - United Nations Office for Project Services National Specialist - Agro-Food Processing Component. FAO - Food and Agriculture Organization of the United Nations National Specialist - Animal Fodder Production/Marketing Component, FAO - Food and Agriculture Organization of the […]
Entrepreneurs ready for Hackathon Weekend in Sulaimani
Hackasuly, the largest international hackathon in Iraq, brings the coding community together over a weekend to work in teams and turn their ideas into technological solutions on September 5th - 7th. This year, the organisers are accepting projects in three different and exciting tracks: AI & Data Science E-Society Fintech The goal is to help […]
Daewoo Wins $70m Iraq Order
By John Lee. South Korea's Daewoo Engineering & Construction has won a US$70.35 million order to build entrance roads for the new Al Faw Grand Port in Basra. Under the deal with the General Company for Ports of Iraq (GCPI), Daewoo will complete the 14.5 kilometer-long road by May 2021. Earlier this year, the company […]
Iran Bolsters Commercial Team in Iraq
By John Lee. The new acting head of Iran’s Trade Promotion Organization (TPO) has said that Iran has appointed a second commercial attaché to Basra. Hamid Zaboum is also quoted as saying that a third attaché will also be send to Sulaymaniyah. (Source: Tehran Times)
Attock Cement Grinding Unit Starts Production
By John Lee. Attock Cement Pakistan Limited (ACPL) has said that commercial production at its new 0.9 Mta cement grinding unit in Basra started on Sunday. The company, which makes the Falcon brand of cements, is a member company of Pharaon Commercial Investment Group. (Sources: Pakistan Stock Exchange, Cemnet)