ABB, the leading power and automation technology group, has won an order worth around $16 million from Mass Global Investment Company for the construction of a substation and SVC Light (static var compensator) system that will supply electricity to a new melt shop and steel rolling mill in northern Iraq. The order was received in […]
ABB, the global power and automation technology group, has won an order from the Ministry of Electricity (MOE) in Iraq to provide a state-of-the-art power distribution management system. The solution will incorporate advanced communication technology, with monitoring and control functions, to improve the availability, performance and reliability of power supplies in the capital, Baghdad. ABB […]
Shell has announced that it has granted a $63 million contract to build an electricity generation plant for its gas capture project southern Iraq to Swiss engineer ABB Ltd. Jasser Hanter, general director of the Shell gas project, told reporters that ABB will build two 25 megawatt power plants at Khor al Zubair. The $17 […]
Six companies, including the world’s biggest power-grid supplier, ABB Ltd, have been selected to bid to develop a power plant in western Iraq, according to a report from Bloomberg. Lanco Infratech Ltd. (LANCI) of India, Techint Group of Italy, Hyundai Engineering & Construction Co. from Korea, as well as Turkish and Iraqi companies were preselected […]
According to a report from Reuters, the Saudi-based Dao al-Jomaih Group tendered the low bid of $204.4 million to install four gas turbines in Iraq's southern Basra province. Salam Qazaz, Iraq's deputy electricity minister, said on Tuesday that the units will have a total generating capacity of 500 megawatts (MW) and will be installed at […]
The Swedish Embassy in Iraq has announced that Scania trucks will open a regional branch in Basra. Another Swedish company specialising in building power stations will also open an office n the province. Iraq Business News expects the company in question is ABB. The regional government said it was ready to offer all necessary facilities […]
ABB, the Swiss-Swedish engineering group, has agreed to pay more than $58m to settle criminal and civil charges in relation to alleged payment of bribes and kickbacks in Mexico and Iraq. The Swiss-Swedish engineering group was charged by the US with conspiracy and violating the Foreign Corrupt Practices Act. Prosecutors alleged that ABB and its […]
