By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How Chevron's New Deals Could Transform Iraq's Production Outlook The very recent signing of two sets of major oil deals by U.S. oil giant Chevron following the forced withdrawal of Russian […]
By John Lee. South Korea's Hyundai Livart has reportedly won a contract worth KRW 117.8 billion [$80 million] to build worker accommodation, offices and other infrastructure at Iraq's Common Seawater Supply Project (CSSP) in Basra. According to Maeil Business Newspaper, Hyundai Livart secured the contract through a competitive bidding process against several Middle Eastern construction firms. […]
By John Lee. The Iraqi Parliament has held a session to discuss Iraq's water crisis and drought conditions, with the participation of the Minister of Water Resources and the Undersecretary of the Ministry of Foreign Affairs. The session reviewed the impact of climate change, declining rainfall, and upstream water management on Iraq's water security. The […]
By John Lee. Aswar al Hathaba [Aswar Al-Hadhaba] has won a contract with the United Nations Development Programme (UNDP) for the "Provision of Rehabilitation Works for Four Water Desalination Units in Thi-Qar, Iraq -- Al-Chibayish District," - reference UNDP-IRQ-01739. Contract value is stated as $459,996.92. (Source: UNGM)
By John Lee. The Ministry of Electricity has announced the signing of a contract for the implementation of the Al-Faw Gas Power Plant project in Basra - the largest investment-based gas-fired station in southern Iraq. The 3,000-megawatt combined-cycle plant will be built by GE and will include four gas turbines and two steam units. It […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has opened the Al-Zuhour [Zuhur] Central Water Project serving the Al-Husseiniya and Al-Intisar districts in northern Baghdad, with a capacity of 10,000 cubic metres per hour. The project, which had been stalled since 2012, was completed using modern international standards and includes treatment and pumping stations, […]
By John Lee. Basra Oil Company (BOC) and China Petroleum Pipeline Engineering (CPPE) have signed a contract for a 950-kilometre seawater distribution pipeline network to supply multiple oilfields in southern Iraq, with project supervision by Austria's ILF Consulting Engineers. The contract forms part of Iraq's strategic Common Seawater Supply Project (CSSP), which includes a central […]
By John Lee. TotalEnergies, in partnership with Basra Oil Company (30%) and QatarEnergy (25%), has signed the final contracts of the Gas Growth Integrated Project (GGIP) at the Ratawi [Artawi] field in Basra, under the patronage of Prime Minister Mohammed Shia al-Sudani. The agreements include: a joint operating contract between the Ministry of Oil, Basra […]
By John Lee. As part of its measures to address water scarcity, the Iraqi government has approved the award of the Common Seawater Supply Project (CSSP-ITT-05) tender for the Artawi [Ratawi] oil field to Hyundai Engineering & Construction of South Korea. The contract covers engineering, procurement, supply, construction, commissioning, and operation (EPSCC) of the seawater […]
By John Lee. China Petroleum Engineering Co. (CPECC) has announced that its wholly-owned subsidiary, China Petroleum Pipeline Engineering Co. (CPPE) has been awarded a major contract by Iraq's Basra Oil Company (BOC) for the Basra Province Seawater Transmission Pipeline EPC Project. The project, valued at $2.524 billion, includes the construction of trunk and branch pipelines […]
By John Lee. The Prime Minister's Office has laid the foundation stone for Iraq's largest seawater desalination project, located near the Grand Faw Port in Basra, with a total capacity of 1 million cubic metres per day. Speaking at the launch, Prime Minister Mohammed Shia Al-Sudani described the project as a long-term and fundamental solution […]
By John Lee. The Iraqi government has approved a proposal from the Basra Governorate to include four new water desalination projects in its development plans. The approved plants are: Shatt Al-Arab Desalination Plant, with a capacity of 5,000 m³/hour; Al-Faw and Al-Seeba Desalination Plant, with a capacity of 3,000 m³/hour; Abu Floos Desalination Plant, with […]
