By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, welcomed a delegation from Shell on Monday. The delegation included Shell Iraq and UAE Country Manager, Fakhir Badr, and the company's Middle East Business Development Manager, Martin Boer Verghen. During the meeting, discussions focused on topics related to gas, oil, and energy cooperation between Iraq […]
By John Lee. HKN Energy, a US-based oil and energy company, held discussions today with Iraqi Prime Minister Mohammed S. Al-Sudani, as part of efforts to deepen its cooperation in Iraq's energy sector. During the meeting, Prime Minister Al-Sudani reaffirmed the government's commitment to fostering investment-friendly conditions and highlighted the facilitation measures designed to attract […]
By John Lee. DynCorp International LLC has agreed to pay $21 million to settle allegations under the False Claims Act that it knowingly submitted inflated subcontractor costs to the U.S. State Department while delivering services under the "CIVPOL" contract, which was intended to train Iraq's civilian police forces. The lawsuit, filed in 2016, accused DynCorp […]
By John Lee. Midland Oil Company (MdOC) has successfully restarted a previously idle vertical oil well in the Ahdab field, using horizontal drilling technology. The operation was carried out in cooperation with Chinese partner Al-Waha Company. Al Waha describes itself as follows: "Al-Waha (Al-Waha petroleum company), a holding joint-ventured enterprise jointly capitalized by CNPC (China […]
By John Lee. Prime Minister Mohammed S. Al-Sudani oversaw the signing of three significant Memorandums of Understanding (MoUs) on Wednesday, two in the electricity sector and one to enhance commercial cooperation with the United States. The first MoU, signed with GE Vernova, outlines a strategic cooperation framework to develop combined-cycle gas power plants in Iraq, […]
By John Lee. A Memorandum of Understanding (MoU) has been signed between the Turkiye Wealth Fund and the Iraq Development Fund, marking what TWI describes as a significant step toward deepening economic cooperation between the two countries at the sovereign wealth fund level. The agreement aims to foster innovation-driven investments across priority sectors including energy, […]
By John Lee. The Council of Ministers has approved an accelerated plan to develop the Akkas gas field in Anbar as part of the government's strategy to advance the oil and gas sector. The project will be led by the state-owned Midland Oil Company (MdOC), with Schlumberger (SLB) implementing the first phase. The field is […]
By John Lee. Deputy Prime Minister and Foreign Minister Mr. Fuad Hussein chaired the eleventh meeting of the Ministerial Council for Economy on 27 April 2025. The session was attended by senior officials including the Deputy Prime Minister and Minister of Planning, the Ministers of Finance, Agriculture, and Labour and Social Affairs, as well as […]
By John Lee. Iraq's Council of Ministers has approved converting the contract model for the Kirkuk Refinery's Hydrogenation and Gasoline Improvement Unit (12,000 barrels per day) from a Build-Own-Operate (BOO) to a Build-Own-Operate-Transfer (BOOT) model. The processing fee for the project has been set at $23 per barrel. (Source: PMO)
By John Lee. According to Amnesty International, Iraq witnessed a significant increase in executions in 2024, with at least 63 known executions, up from 16 in 2023 -- the highest number recorded since 2019. All executions involved individuals convicted of terrorism-related offences, amid ongoing concerns about violations of fair trial rights and reports of torture […]
By John Lee. Prime Minister Mohammed S. Al-Sudani received a delegation from the U.S. Chamber of Commerce on Wednesday, including American investors and corporate executives, accompanied by the U.S. Chargé d'Affaires in Iraq. The meeting focused on strengthening economic ties and promoting Iraq as an attractive destination for foreign investment. The Prime Minister outlined steps […]
By John Lee. Based on a letter from the Independent High Electoral Commission (IHEC), and following its technical and legal assessment, the Council of Ministers has voted to hold Iraq's parliamentary elections on 11th November 2025. Prime Minister Mohammed S. Al-Sudani emphasised the government's commitment to supporting the electoral process by ensuring all necessary preparations […]
