Tag Archives | Amara

IDC starts Drilling in Mishrif Reservoir

By John Lee. The Iraqi Drilling Company (IDC) has started drilling a well "Ammara 19" at  Missan Oil Company (MOC)'s Amara field, within the Mishrif reservoir. IDC's Director General, Bassim Abdul Kareem, said the drilling operations were carried out using the 2000-HP drilling rig "IDC 23". The planned depth of the well is 3,290 meters. […]

30 Years Jail for Bank Fraud in Amara

By John Lee. Iraq's Commission of Integrity (COI) has announced that an accountant at the Al-Amara branch of the Agricultural Cooperative Bank has been given a 30-year prison sentence for the embezzlement of 996 million Iraqi dinars ($680,000). Her assets were also seized, and she will be required to repay the amount. A former director […]

Swiss Firm to Build $6bn Refinery

By John Lee. Prime Minister Nouri al-Maliki says Iraq has signed a $6 billion deal with Swiss company Satarem to build and run southern Iraq's first new, large-scale refinery in 30 years. The oompany will set up the 150,000 barrel-per-day refinery near Amara, in Missan [Maysan] province, on a 50-year build-own-operate (BOO) contract. Satarem was created […]

New Fiber-Optic Broadband for Amara

The Maysan Communications Department has embarked on a project to set up a fiber-optic communications network in the city of al-Amara, according to a report from Aswat al-Iraq. “Engineers and technicians in the department started works on a project to build a high-quality fiber-optic communications network,” Ali Mahmoud, head of the department, told the agency. […]

Metito Wins Iraq Water Contract

UAE-based Metito has signed a contract worth 33 billion Iraqi Dinars ($28.3 million) with Al Mustakbal Al Saeed (MSGC) for increasing its provision of potable water across Iraq. MSGC said the contract is for design and construction of Hindiyah water treatment plant located just east of the city of Karbala. The project aims to supply […]

Weatherford CEO Sees More Oil Services Mergers

Reuters reports that the Chief Executive of Weathford International, one of the largest suppliers of goods and services to oil companies, said the oil services industry needed more consolidation. Weatherford is currently operating in Iraq's al-Bazerkan oilfield in Amara. "We need to get larger," said Bernard Duroc-Danner, citing the fact that oil services companies face […]

Lebanese Firm Lands Big Housing Project in Maysan

Two investment licenses have been granted to a Lebanese company to establish two residential compounds in the north of Amara, the chairman of the Maysan Investment Commission said on Monday. “MIC granted an investment license to Lebanon’s Home International Corp. to build 700 housing units in Ali al-Gharbi district, north of Amara, at a cost […]

Russian Firm to Invest in New Industrial Park

A Russian firm has expressed interest in investing in the construction of the new industrial area east of Amara city. “The firm is ready to execute the project according to credit payment system,” a local Iraqi source told Aswat al-Iraq news agency on Wednesday. He explained that the new industrial area will be on the […]

Designs Completed for Airport in Maysan

A group of Swiss and Russian firms have completed the designs of a civil airport in Amara city, Maysan province, according to a report in Aswat al-Iraq. “The airport will be like others constructed by the group in Kazakhstan, Brazil, and Libya,” a source from the group told Aswat al-Iraq news agency on Thursday. He […]

Weatherford Starts Drilling in Amara

U.S. firm Weatherford embarked on drilling a new oil well in eastern al-Amara city on Sunday, as part of a $224 million [262 billion Iraqi dinars] deal to drill 20 wells in 0rder to increase oil production, said Missan Oil Company’s information director. “Weatherford started drilling the new well in the al-Bazrakan oilfield, (70 km) […]