The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
China's Commercial Attache in Iraq, Wang Shi Tong [Wang Xi Tong], has said that Beijing will open a consulate office in its Baghdad embassy to facilitate Iraqis applying for visas to enter China. The office will be opened at the end of 2012. According to the report from AIN, he added that the Chinese consultancy […]
The Chinese firm Zhenhua has decided not to partner with Pakistan Petroleum Limited (PPL) in a bid for an exploration block in Iraq due to security issues, the Express Tribune reports. "The News", however, reports that Zhenhua walked out on the deal because a re-drawing of the boundary of the Bloc-9 meant "the opportunity became […]
Iraq has reportedly asked several international companies to submit bids for the supply of 10 passenger trains. Bloomberg reports that France's Alstom, and China's Datong Electric Locomotive Company have been invited to submit bids, as have manufacturers in Turkey, Iran and Croatia. Jawad al-Kharsan, a spokesman for the national railway company, said the winning company […]
Iraq will offer contracts for the construction of eight cargo ships over the next four years in an effort to expand its fleet, reports Bloomberg. The government also expects to take delivery of a $14 million cargo vessel in the next two weeks. The vessel, built by the Avic Dingheng Shipbuilding Company of China, is […]
The Iraqi government has agreed to hold talks with China’s Poly Technologies on a plan to build a highway linking the country with Turkey and Syria, according to a report from Bloomberg Businessweek. Iraq’s minister of construction and housing will discuss the design of the project with Denmark’s COWI Holding A/S, said government spokesman Ali […]
The head of the state-run Missan Oil Company, Ali Maarij, has said that the China Petroleum Engineering & Construction Corporation (CPECC), the engineering and construction subsidiary of the China National Petroleum Company (CNPC), has drilled 13 new wells at the Halfaya oil field, and plans to drill 17 more by the end of the year, […]
The China National Offshore Oil Corporation (CNOOC) has presented its plan to develop three Maysan oil fields: Bazirgan, Fakka, Abu Gharb. As part of the plan, Weatherford will drill 180 oil wells. And after finishing the review there was a discussion about the plan, and the engineering staff in MOC shared their notes and questions about some […]
Iraqi authorities plan to install about 250,000 surveillance cameras in Baghdad in an attempt to reduce insurgent attacks in the capital, according to AKnews. The Chairman of the the Security Committee of Baghdad's provincial council, Abdul Karim al-Tharb, told AKnews that the council has allocated about 10 billion Iraqi dinars (about US$8 million) to the […]
Iraq is planning its participation in the fifth round of the Arab-Chinese Business Conference, according to AKnews. Iraq is expected to attend the one-day conference in Sharjah city with a high-level delegation headed by the Minister of Trade, Khairullah Hasan. “Iraq is in the process of reconstructing the country. Therefore normalizing these economic relations is […]
China Machinery Engineering Corp (CMEC) signed a $1.19 billion contract to build a 1,260-megawatt power station in Iraq, according to Gulf News. The Beijing-based company will install the natural-gas-fired plant in the Salahuddin governorate north of the Iraqi capital within 45 months, Mussab Serri, an Electricity Ministry spokesman, said in an interview during the signing ceremony […]
Construction Week Online reports that Iraq’s Minister for Construction and Housing, Mohammad Sahib Al Darraji [Muhammad Sahib al-Daraji], is in discussions with Chinese companies regarding the construction of the road linking Baghdad with Zakho on the Turkish border, known as Highway No. 2. Al Darraji spoke with specialist firms during a visit to Beijing and […]
Reuters reports that Iraq has finalised a $1.08 billion contract with the China National Machinery & Equipment Import & Export Corp (CMEC) to build a 1,260-megawatt thermal power plant. "The signing will take place next week or the week after," Laith al-Mamury, the head of investments and contracts at the ministry, said at a ceremony […]
