Iraq committed to Mitigating Climate Change
Iraq is committed in its efforts to achieve climate security. Mitigation efforts, employing local and international resources, that ensure food and water security are met and are a priority for the government due to them being major effects of climate change. This was stated at the stakeholders consultation on Iraq’s nationally determined contributions to the […]
US firm Wins $40m Deal so supply Toyotas in Iraq
TGS USA, of McLean, Virginia, USA (Toyota Gibraltar Stockholdings Ltd) has been awarded a $39,543,009 firm-fixed-price Foreign Military Sales (Iraq) contract for Toyota Land Cruisers and spare parts. Bids were solicited via the internet with three received. Work locations and funding will be determined with each order, with an estimated completion date of Oct. 16, […]
Iraqi Students look Abroad for Post-Grad Studies
By Sara al-Qaher for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. India, Iran or Turkey: Iraqi Students look Abroad for Post-Grad Studies There are no easy options for Iraqi graduates who want to continue their education with post-graduate studies. If they have […]
Video: Controversial Plan to "Help" Iraq's War Widows
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. There are at least a million widows in Iraq, following decades of conflict and war and many are struggling to make ends meet. But a new government proposal designed to assist them is […]
Oil Ministry Pauses Transfer of Oil Cos to INOC
By John Lee. Iraq's Ministry of Oil has postponed a decision to transfer ownership of nine state-owned oil companies from the Ministry to the newly-formed Iraqi National Oil Company (INOC). The original decision was announced on Thursday, but it has now been held following complaints that the decision should be made by the incoming goverment […]
Schlumberger Wins 30-Well Deal in Iraq
By John Lee. ExxonMobil Iraq Limited has awarded Schlumberger a 42-month IDS contract for 30 wells in the West Qurna Field. The contract includes the provision of drilling rigs and multiple technologies and services, and the first well was spud in July. The announcement was made in the company's Third-Quarter 2018 Results on Friday. (Source: […]
UNMAS supports UK visit with Mine Action in Mosul
The presence of explosive hazards, including improvised explosive devices in areas liberated from the Islamic State in Iraq and the Levant (ISIL), will continue to impede security and stability efforts as well as development initiatives until these are cleared and rendered safe. A delegation from DFID was recently hosted by UNMAS in Mosul and had […]
Siemens, GE must share Iraq Electricity Deal
By John Lee. Both Germany's Siemens and US-based GE have signed deals with the Iraqi government on Sunday to provide major additional power generating capacity to Iraq. Following a hotly-contested competition, the two rivals are to share the work, with GE supplying 14 Gigawatts (GW), and Siemens 11 GW. (Sources: GE, Siemens)
Petroleum Policy Proposal for the New Govt
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Petroleum Policy Proposal for the New Government: Contents, Justifications and Indicators Petroleum (oil & gas) sector remains, in the next four years as it has been in previous eight decades, the basic […]
GE Wins 14GW Iraq Power Contract
GE (NYSE: GE) signed Principles of Cooperation (POC) with the Iraqi Ministry of Electricity to develop the country’s power sector. The plan is expected to generate up to 14 gigawatts (GW) of power, create up to 65,000 direct and indirect jobs, support the government to realize savings and recoverable losses of up to $3 billion […]
Siemens Wins 11GW Iraq Power Contract
Siemens in landmark MoU to repower Iraq, support economic prosperity Siemens and the Ministry of Electricity of the Republic of Iraq have entered a milestone agreement to seek the implementation of the company’s roadmap for repowering Iraq. Signed by Qasim Al-Fahdawi, Minister of Electricity, and Joe Kaeser, President and CEO of Siemens AG, the Memorandum […]
Turkish Company wins UNOPS Order
By John Lee. A Turkish company has won a tender to supply and deliver Metallic Garbage Containers to the United Nations Office for Project Services (UNOPS) in Iraq. The contract with Ram Dis Ticaret A.S. is valued at $91,860. (Source: UNGM)