Tribalco Wins $14m Iraq Contract
By John Lee. Tribalco LLC, Bethesda, Maryland, has been awarded a $14,425,217 firm-fixed-price Foreign Military Sales (Iraq) contract for computer hardware, services and MEMEX software. One bid was solicited with one bid received. Work will be performed in Bethesda, Maryland, with an estimated completion date of May 22, 2020. (Source: US Dept of Defense)
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23rd May 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD640 (+3.0%) / $689 (+3.0%) (weekly change) (-2.9% and -2.9% YTD change, respectively). The number of week traded […]
Hyundai wins $2.4bn Desalination Contract
By John Lee. Hyundai Engineering & Construction has reportedly won a $2.45-billion deal to build a seawater processing facility in Iraq. South Korean media report that the company signed a letter of intent with Basra Oil Company (BOC) on Wednesday for the 49-month project, which will be capable of supplying 5 million barrels of fresh […]
Iraq to Increase Production at West Qurna 1
By John Lee. Oil production is to increase at the West Qurna 1 oilfield, according to Reuters. The news agency quoted Basra Oil Company (BOC) chief Ihsan Abdul Jabbar as saying on Wednesday that output will rise from 440,000 barrels of crude oil per day (bpd) to 490,000 bpd in the “next few days”. The […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Legal Officer (Head of the Forensic Science Unit), UNS-SPM UNITAD - United Nations Investigative Team for Accountability of Daesh/ISIL Public Information Officer, UNS-SPM UNITAD - United Nations Investigative Team for Accountability of Daesh/ISIL Facilities Management Assistant, UNAMI - United Nations Assistance Mission for […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Senior Project Assistant, UNAMI - United Nations Assistance Mission for Iraq Treasury/Administrative Assistant, UNAMI - United Nations Assistance Mission for Iraq Administrative Assistant, UNAMI - United Nations Assistance Mission for Iraq Head of Programme for Danish Demining Group, Danish Refugee Council (DRC) […]
Rumaila hits 30-yr High in Oil Production
The Rumaila oilfield produced 1.467 million barrels per day (bpd) in 2018 – the oilfield’s highest annual rate of production for 30 years. 2018 also saw the milestone of four billion barrels of oil produced since the Rumaila Operating Organisation [ROO] began operating in June 2010. The results were reported in the 2018 Rumaila Annual […]
Iraq Britain Business Council welcomes 4 New Members
By John Lee. The Iraq Britain Business Council (IBBC) has welcomed four new members, bringing its membership to 71 companies: Crescent Petroleum: Sharjah-based Crescent Petroleum is the only foreign oil and gas company to maintain a continuous presence in Iraq for three decades, and is the largest private oil and gas investor in the Kurdistan […]
Iraq "Not an Iranian Vassal State"
By Aaron Majid, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. These days, Tehran is having trouble getting what it wants from its neighbor—a development Washington can encourage by backing off. It almost goes without saying these days that Iran […]
Will Trump Abort Iran’s Land-Bridge to the Med?
By Joe Macaron for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Will the Trump administration abort Iran’s land bridge to the Mediterranean? As the showdown between Washington and Tehran escalates elsewhere in the Gulf, Iran is giving high priority to an […]
Netherlands Resumes Training Mission in Iraq
By John Lee. The Netherlands has resumed its training mission in Iraq, following a brief suspension due to security concerns resulting from US-Iranian tensions in the region. The Dutch Ministry of Defence announced that, after a re-assessment of the situation, its courses can be re-started. A number of Dutch people are training Iraqi commandos in […]
Iraqi Factions a Wild Card in US-Iran Blame Game
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi factions a wild card in US-Iran blame game It's hard to tell what's really on the minds of Iranian and US officials in the flurry of words they've […]