Expert Blog: How Procurement Influences Production
By Elena Kornienko. In the previous blog post we have talked about Procurement’s role within organization and today I will share with you one more story when Procurement could’ve done a job of SuperMan but end up with selecting a wrong subcontractor and that choice made a tremendous impact on production. At the beginning of […]
Baker Hughes to harness Flare Gas at Gharraf & Nassiriya
By John Lee. Baker Hughes has signed a contract to harness 200 MMcf/d of natural gas from Iraq's Nassiriya and Gharraf oil fields. The Nassiriya field is operated by the state-run Dhi Qar Oil Company (DQOC) and currently producing around 70,000 barrels per day of crude oil, with a target of 150,000 bpd. Gharraf is operated […]
Al-Nukhba-OFS joins the IBBC
The Iraq Britain Business Council (IBBC) has announced that Al-Nukhba-OFS FZCO has become the latest member to join the Council. Al-Nukhba OFS is one of Iraq’s preeminent organisations, involved in numerous sectors of the economy with many years of experience and has developed strong relationships with a host of international companies. Al Nukhba OFS started […]
AECOM wins $35m Iraq Contract
California-based AECOM Technical Services Inc. has been awarded a $34,872,597 firm-fixed-price contract for Mosul Dam geotechnical assistance and dam safety support services. One bid was solicited with one bid received. Work will be performed in Mosul, Iraq, with an estimated completion date of Aug. 1, 2019. (Source: US Dept of Defense)
235-MW Rumaila Power Station Opened
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has officially opened the Rumaila power station. The construction of the 235 MW plant was supervised by the China Petroleum Engineering & Construction Corporation (CPECC), the engineering and construction subsidiary of the China National Petroleum Corporation (CNPC). The Minister said the project is considered as […]
Oil Exports Fall Slightly in March
By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for March of 107,050,000 barrels, giving an average for the month of 3.453 million barrels per day (bpd), a slight increase from the 3.426 bpd exported in February. The exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. […]
Women's Centre helps Women "knit" Lives Back Together
Women's centre in Iraq helps women "knit" their lives back together Three years ago, conflict forced Haneen Ali* to flee her home in Mosul, in northern Iraq. With her parents, she hiked through minefields before finding safety in the Debaga camp. “The journey was long and tiring,” said Ms. Ali, now 22. “I had to […]
Japan contributes $4.5m for Explosive Hazard Clearance
Japan’s USD 4.5 million contribution for emergency response extends support for explosive hazard clearance in Iraq The United Nations Mine Action Service (UNMAS) welcomes the contribution of USD 4.5 million from the Government of Japan to support the UNMAS Iraq emergency response related to on-going humanitarian and stabilization efforts in liberated areas contaminated with explosive […]
Video: Faw Peninsula faces Environmental Catastrophe
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Environmentalists say Iraq's once fertile Faw Peninsula is facing catastrophe. The region has seen a major collapse in its fishing and farming industries due to drought and decades of wars. Al Jazeera's Imran […]
KRG approves revised Salary Distribution System
In its regular meeting on Wednesday, the Kurdistan Region Council of Ministers discussed and adopted proposed revisions to the salary distribution system, based on funds currently available and projected. In a press conference after the meeting, Prime Minister Nechirvan Barzani briefed the media on the revised salary distribution system. He said the KRG fully understands […]
Video: Basra Moggies set paw in Iraq's first Cat Hotel
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Basra moggies set paw in Iraq's first cat hotel: View on YouTube
Power-sharing deal could end dispute over Kirkuk Elections
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. For the first time since 2005, Kirkuk governorate in Iraq will hold elections Dec. 22 to select its local governing council. Parliament included the multiethnic province of the Kurds, […]