The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News
By John Lee. Egypt's Petrojet has won a $100-million tender to design, supply and install the butane pipeline project from Nasiriyah to Khor Al-Zubair in Basra. Company boss Mohamed Shemy [Mohamed Shimy] said the project is to be completed within 18 months. According to a report from Egypt Independent, the company beat competition from Russia, […]
By John Lee. Local authorities in Basra province have reportedly threatened to break away from the central government and create an autonomous region of their own. The idea was rekindled by MP Wail Abd al-Latif, who told Rudaw: “Efforts toward making Basra an autonomous region is a project and not a trump card against the […]
Basra's Arabian Gulf Academy For Maritime Studies will soon be able to offer its students a high-class hands-on training using three simulators from Transas: Engine Room simulator ERS 5000, GMDSS simulator and Radar/ARPA simulator. The simulators will provide trainees with a wide range of navigational and engineering skills. Engineers will acquire knowledge of operating an […]
By John Lee. Azzaman reports that Basra province is building 1,200 new schools, most of them in suburban towns and villages. The provincial council called it “a strategic project” that will providen modern prefab schools across the province. The new schools are to include laboratories, play grounds and sports facilities. (Source: Azzaman)
By John Lee. Kuwait Energy and Dragon Oil have secured a rig from the Iraqi Drilling Company (IDC) to spud an exploratory well at Block 9 in Basra Province by the end of the year. In parallel, the consortium has selected a provider for Environmental Impact Assessment, Environment Base Line Survey and contractors to perform de-mining […]
By Saleem al-Wazzan. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Fighting for Clean Air: Locals Living Near Basra Oil Wells Move Because of Pollution The oil wells in southern Iraq have made the areas relatively prosperous. […]
LUKOIL Mid-East Ltd (operating company of LUKOIL for development of the West Qurna-2 field) has completed another social project in Basra Province. The company supplied modern medical equipment for the central hospital of Madeina municipality adjacent to the field area. The supplied medical equipment includes a blood analyzer, diagnostic equipment for ultrasonograph and cardiograph and […]
By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The truck bomb that exploded on Aug. 17 at dock No. 17 of the Iraqi port of Umm Qasr located on the Arabian Gulf surprised Iraqi political and security circles. Although […]
Vulnerable groups in southern Iraq will soon be able to access free legal services directly from the Basrah Justice Palace. “By establishing a legal help desk directly inside the Basrah Justice Palace, we are minimising the time and money spent by vulnerable groups to seek legal assistance,” said Rini Reza, chief of the UN Development […]
By Murtada Taleb. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. It was designed to attract investors to Iraq and although things are getting better in Basra’s duty-free zone, there are still many obstacles for foreign investors […]
By John Lee. The Director General of Missan Oil Company has cut the ribbon on the 272-km crude oil pipeline from Buzurgan to Halfaya and onward to the tanks reservoir at al-Fao [al-Faw]. It starts from meeting point of the two lines from Buzurgan and Halfaya. The 42-inch-diameter pipeline was built in cooperation with the […]
By John Lee. Greek company TERNA has reportedly been awarded a $26.8m turnkey contract to construct a 100-bed hospital in Basra. According to Construction Weekly, the design and build project consists of a general hospital covering a built area of 18,000 m2, including 2,000 m2 for a staff residence and 22 rooms for special care. It […]
