WesternZagros Resources has issued an update in advance of the company's standard second quarter results which are scheduled for release on 13th August, 2015: Garmian Block Second quarter production from the Sarqala-1 well averaged 5,427 barrels of oil per day ("bbl/d). WesternZagros continues, in accordance with the KRG, to supply this production to the domestic […]
By John Lee. Talisman Energy, the Canadian producer being acquired by Spain’s Repsol, has fully impaired its investment in Block K44 in the Kurdistan region of Iraq by $234 million, after determining that future investment in a capital constrained environment was unlikely. The company has an interest in two blocks, Kurdamir and Topkhana, covering in […]
The Canadian Ambassador to Iraq, Mr Bruno Saccomani and his accompanying delegation today visited the KRG Department of Foreign Relation to brief Minister Falah Mustafa on Canada’s military, humanitarian, and developmental support and to discuss the future of bilateral relations between Canada and Kurdistan. Ambassador Saccomani said, “The government of Canada has been very supportive […]
By John Lee. The Iraqi Grain Board has bought 200,000 tonnes of hard wheat from Canada, the United States and Australia, Reuters reported on Monday: 100,000 tonnes of Canadian wheat, from trading house Richardson at $331.65 a tonne c&f free out (ciffo); 50,000 tonnes of US wheat, from trading house Archer Daniels Midland (ADM) at $333.87 […]
By John Lee. SNC-Lavalin has announced that Kentz Corporation, a member of the SNC-Lavalin Group, has signed a Project Management Contractor Agreement in Iraq with one of the world's leading blue-chip International Oil Companies (IOC) for a three-year term with a potential value of up to approximately US$97 million (113 billion Iraqi dinars). The contract […]
The British Prime Minister’s Special Representative on Preventing Sexual Violence in Conflict, William Hague (pictured), met Gordon Campbell, the Canadian High Commissioner to the UK, to discuss the use of sexual violence by ISIL in Iraq. Recent reports from the United Nations and human rights NGOs point to the systematic use of sexual violence by […]
By John Lee. ShaMaran has announced that it will launch a CAD 75 million equity rights offering to its shareholders that is supported by a comprehensive equity support arrangement from major shareholders, Lorito Holdings, Zebra Holdings and Investments, and Lundin Petroleum B.V. (the 'Standby Purchasers'). The proceeds of this financing will augment the funding required […]
By John Lee. The Canadian government has confirmed that they have two cargo planes operational to assist in the transfer of arms and supplies to Iraqi Kurdish forces. Canadian Foreign Minister John Baird (pictured) went as far as to endorse US air strikes against the "brutal" ISIS: “Canada supports all efforts, including United States supply drops […]
Following the opening of Canada’s Trade Representation Office in Erbil last month, a Canadian delegation headed by Canada’s Ambassador to Iraq Bruno Saccomani visited Kurdistan to work on boosting educational and agricultural ties. As part of their visit to the region, the delegation visited the Department of Foreign Relations where they were received by the […]
The Head of the Kurdistan Regional Government (KRG) Department of Foreign Relations (DFR), Minister Falah Mustafa welcomed the nonresident Canadian Ambassador to Iraq and Jordan, Mr Bruno Saccomani today to discuss the future of bilateral relations between Canada and the KRG. This visit comes as a follow-up of the Ambassador's visit to the DFR in […]
By John Lee. Canada's SNC-Lavalin has announced that it has been awarded a contract by the Iraq Ministry of Oil's State Company for Oil Projects (SCOP) to provide engineering services for the Iraq Export Pipeline Project. Working closely with SCOP, SNC-Lavalin will provide front-end engineering design (FEED); long-lead items tendering and evaluation; and engineering, procurement […]
The Head of the KRG, Department of Foreign Relations, Minister Falah Mustafa, recently welcomed the non-resident Canadian Ambassador to Iraq, Bruno Saccomani, to discuss the ways in which both sides can work together more closely. This visit follows a similar visit by the Canadian Ambassador to Kurdistan this past October. The meeting was attended by […]
