The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
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 […]
AKnews reports that Chinese company Huawei has won the contract to extend landline phone services to Najaf province, Mohammed Ayed al-Moussawi, chairman of the provincial council's services commission, said the service will be world-class and the project will cost $40 million [48 billion Iraqi dinars]. The Ministry of Communications announced in January that two million […]
Reuters reports that Iraq has approved six more energy companies to participate in its 4th energy auction, raising the number of pre-qualified bidders to 46. "We have six companies that were not qualified first, but after reviewing their information, we asked them to submit further documents to support their position. We have decided to qualify […]
Najaf Provincial Council has made a preliminary agreement with a Chinese company for it to build a power station, the head of the energy committee in Najaf told AKnews. He said the $79 million [95 billion Iraqi dinars] oil-fired station will have a capacity of 100 megawatts. According to AKnews, the agreement came after the […]
Iraq’s state-owned General Company for Car Manufacturing, which belongs to the Ministry of Industry & Minerals, has signed a contract with the Chinese Proton Company, to assemble and market 1,000 cars annually. According to the report from Aswat al-Iraq, the Iskandariya-based company has also signed a contract with the Teachers Syndicate to supply teachers with […]
By By Mu Chunshan. Originally published in The Diplomat, and re-produced with permission by Iraq Business News. The visit by Iraqi Prime Minister Nouri al-Maliki to China didn’t just fail to grab much international media attention – there was also little coverage in the Chinese media, too. Most Chinese associate Iraq with Saddam Hussein and […]
