By John Lee. The Iraqi cabinet has agreed to the authorization of a contract with a consortium of companies for a major seawater desalination project in Basra. A statement from the cabinet named the companies as Samsung, Makinasinayi (sic), Biwater, Wood Group and Al-Rida Group. The work will be based on a study submitted by […]
Tag Archives | Austria
Tags: Al-Rida Group, Austria, Biwater, featured, ILF Consulting Engineers, korea, Makinasinayi, mn, Samsung, South Korea, UK Export Finance (UKEF), United Kingdom, Wood Group
Baghdad’s Quality of Living Ranking …
By Editor on 18th March 2019 in Iraq Public Works News, Leisure and Tourism in Iraq, Politics, Security
By John Lee. Baghdad has again been ranked as the city with the world’s worst quality of living, according to the Mercer 2019 Quality of Living Survey. Just ahead of it in the table of 231 cities are Bangui in the Central African Republic and Sana’a in Yemen. Vienna again retains the top spot; Zurich […]
Tags: Austria, Canada, Central African Republic, featured, Mercer, mn, Quality of Living, Switzerland, Yemen
Baghdad’s Quality of Living Ranking …
By Editor on 24th March 2018 in Iraq Public Works News, Leisure and Tourism in Iraq, Politics, Security
By John Lee. Baghdad has again been ranked as the city with the world’s worst quality of living, according to the Mercer 2018 Quality of Living Survey. Just ahead of it in the table of 231 cities are Sana’a in Yemen and Bangui in the Central African Republic. Vienna again retains the top spot; Zurich […]
Tags: Austria, Central African Republic, featured, Mercer, New Zealand, Quality of Living, Switzerland, Yemen
Crescent Petroleum to Increase Investment in Iraqi Gas
By John Lee. UAE-based Crescent Petroleum is reportedly planning a significant increase in its production of natural gas at its Pearl Petroleum operations in Iraq. President Badr Jafar (pictured) is quoted as saying that there will be an investment of $1 billion to boost production to 500 million cubic feet of gas per day by […]
Tags: Abu Dhabi, Austria, Crescent Petroleum, Dana Gas, featured, germany, Hungary, MOL, OMV, Pearl Petroleum, RWE, United Arab Emirates (UAE)
Chevron to Resume Drilling in Kurdistan
By John Lee. US-based Chevron plans to resume drilling at the Sarta 3 block in Iraqi Kurdistan. According to a report from Bloomberg, the company had temporarily halted exploration work in October after the Kurds voted in favour of independence. Chevron acquired Reliance Exploration & Production DMCC's 80 percent interest and operatorship of the production sharing contracts […]
OMV Pockets $107m from KRG Settlement
By John Lee. Austria's OMV has said its third-quarter clean operating result "was positively impacted" by about 90 million euro ($107 million) following a settlement over a dispute relating to the Khor Mor and Chemchemal fields in Iraqi Kurdistan. On August 30, 2017, the Kurdistan Regional Government (KRG) and Dana Gas , Crescent Petroleum and […]
Tags: Austria, Crescent Petroleum, Dana Gas, featured, Khor Mor, KRG, Kurdistan News, OMV, Pearl Petroleum
Baghdad's Quality of Living Ranking …
By John Lee. Baghdad has again been ranked as the city with the world’s worst quality of living, according to the Mercer 2017 Quality of Living Survey. Just ahead of it in the table of 231 cities are Sana'a in Yemen and Bangui in the Central African Republic. Vienna again retains the top spot; Zurich […]
Tags: Austria, Central African Republic, featured, Mercer, New Zealand, Quality of Living, Switzerland, Yemen
EU Planes Deliver 266 tonnes of Relief Assistance
The European Commission is currently working alongside EU Member States to facilitate emergency aid deliveries in Iraq, to help people affected by the crisis in Mosul. Three additional planes carrying emergency assistance from Austria and France have now touched ground in Iraq, bringing the total number of flights facilitated and co-financed by the Commission to […]
Tags: Austria, Denmark, European Union, featured, Finland, France, germany, humanitarian assistance, Mosul, Norway, Sweden
KRG, Austrian FMs discuss Security
Head of KRG Foreign Relations, Minister Falah Mustafa, on Friday received Austria’s Minister for Foreign Affairs, Sebastian Kurz in his second visit to Kurdistan to discuss strengthening of bilateral relations as well as recent developments. Both Ministers expressed delight at the level of bilateral cooperation between both governments and expressed their commitment to broaden their […]
Dana Gas Shares Rise on $2bn Iraq Judgement
By John Lee. Dana Gas has announced that the London Court of International Arbitration (LCIA) has ordered the Kurdistan Regional Government (KRG) to pay $1.98 billion to a consortium that it leads. In a statement to the Abu Dhabi stock exchange, the Sharjah-based company claims that the judgement is final, binding and internationally enforceable, and […]
Tags: Austria, Chemchamal, Crescent Petroleum, Dana Gas, featured, Hungary, Khor Mor, KRG, Kurdistan News, London Court of International Arbitration, MOL, OMV, Pearl Petroleum, Sharjah, United Arab Emirates (UAE), United Kingdom
Court Orders KRG Pay Dana Gas $100m
The UK's High Court has ordered the Kurdistan Regional Government (KRG) to pay a consortium led by Dana Gas $100 million within 14 days. In a statement, the KRG's Ministry of Natural Resources said: “The Court’s decision does not relate to the substantive merits of the claims and counterclaims in the on-going arbitration between the […]
Tags: Austria, Crescent Petroleum, Dana Gas, featured, Hungary, KRG, MOL, oil revenues, OMV, Pearl Petroleum, Sharjah, United Arab Emirates (UAE), United Kingdom
Genel Energy Confirms Bina Bawi Acquisition
By John Lee. Genel Energy has announced that it signed a definitive sale and purchase agreement with OMV to acquire its 36% operated stake in the Bina Bawi field. Completion of the acquisition is subject only to government approval, which is expected shortly. The consideration comprises an upfront payment of $5 million. A contingent payment […]