Iraq has awarded a $523 million [612 billion Iraqi dinar] contract to expand oil export facilities in the south of the country to Leighton Offshore, a subsidiary of Australian firm Leighton International, according to AFP. Leighton is the Australian unit of Germany construction group Hochtief. The project must be completed within 16 months and will […]
Australia’s Ambassador to Iraq Ms Lyndall Sachs visited Erbil this week to exchange views with President Masoud Barzani and Prime Minister Barham Salih on political and economic developments and to discuss increasing economic relations. President Barzani met Ambassador Sachs, who reaffirmed Australia’s full support for a democratic and pluralistic Iraq and commended him on the […]
A $733 million [880 billion Iraqi dinar] contract for Leighton Holdings to construct enhanced crude oil facilities in southern Iraq has been met with support from Australia's Export Finance and Insurance Corporation (EFIC). The EFIC has provided two performance bonds worth $US36.7 million to Leighton Holdings subsidiary Leighton Offshore under a bonding line provided to […]
AKnews reports that an Australian company has started construction on a new 400-bed hospital in Qadisiya. The five-story hospital, costing about $135 million, will be built on an area of 6,648 square meters by the Australian Construction Company (ACA) over a period of 33 months in the provincial capital, Diwaniyah. The hospital is divided into […]
Australian engineering contractor WorleyParsons (WOR.AU) has won a contract to carry out engineering and design work at BP's giant Rumaila oilfield in southern Iraq. Sources familiar with the deal said the front-end engineering and design (FEED) contract was awarded to WorleyParsons by the consortium which includes Iraq's state-run South Oil Company, BP and China National […]
Iraq's cabinet has just approved a $733 million [880 billion Iraqi dinar] deal to build a new oil export terminal in Basra, a spokesman for the Iraqi government said on Tuesday. The work will be carried out by Leighton Offshore Private Ltd., which was selected from four international companies invited to tender for the project. […]
Vice President Tareq al-Hashemi called for stronger economic and trade relations with Australia, according to a statement of his office on Wednesday. “Al-Hashemi received on Wednesday (July 7) the Australian Ambassador to Baghdad, Robert James Tyson,” said the statement received by Aswat al-Iraq news agency. He went on to urge Australian investors to invest in […]
