The latest Diyala Business News – security, political, water, company news, oil refineries and more – brought to you by Iraq Business News
By John Lee. The Deputy Minister of Oil for Extraction, Mr. Bassem Mohammed Khudair, met with Mr. Fan Jianbang, CEO of the Chinese company Geo-Jade Petroleum, along with his accompanying delegation, on Sunday. Discussions focused on the development of the Naft Khana oil field in Diyala Province, operated by Geo-Jade on behalf of the Midland […]
By John Lee. The Iraqi Ministry of Oil has signed a contract to develop the Mansuriya gas field in Diyala province. The contract, awarded to a consortium of China's Jereh (represented by Mr. Li Weibin, the managing director of Jera), and Petro Iraq, aims to increase gas production by 300 million cubic feet per day. […]
By John Lee. On a visit to Diyala governorate on Wednesday, Prime Minister Mohammed S. Al-Sudani announced a series of new projects: Construction of 99 schools across Diyala, funded by the Iraq Development Fund. Al-Muqdadiya District Sewerage Project, valued at 56.6 billion dinars. Central District of Balad Ruz Sewerage Project, valued at 45.4 billion dinars. […]
By John Lee. The United Nations Development Programme (UNDP), in partnership with the Government of Japan, has rehabilitated a nursery in Baqubah, Diyala, enhancing both agricultural output and economic growth in the governorate: Impact: Over 4,000 farmers in Diyala will benefit. The nursery will produce more than 25,000 seedlings annually. Support includes modern irrigation techniques […]
By John Lee. Iraq's Oil Ministry has signed a contract with China's Geo-Jade Petroleum for a 2D and 3D seismic survey of the Naft Khana oil block in Diyala Province. According to a statement from the Ministry, the signing ceremony took place at the Ministry's headquarters on Sunday. The Ministry's Extraction Affairs Deputy, Bassem Mohammed […]
By John Lee. The Director General of Midland Oil Company emphasized the the company's commitment to providing a conducive investment environment for successful global companies in the fifth licensing round for the development of oil and gas fields. During an inspection visit to the Khashim Ahmer-Injana [Khasham Al-Ahmar] and Gilabat-Qumar [Kalabat] fields in Diyala province, […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has led the fifth meeting of the High Committee for Reconstruction and Investment, at which several housing projects were approved in various provinces. During the meeting, authorization was granted to the Ministry of Construction, Housing, and Municipalities to negotiate with the executing company for the Housing […]
By John Lee. The Ministry of Electricity (MoE) of the Republic of Iraq has awarded Siemens Energy a contract to deliver five High Voltage Substations on a turnkey basis to address the increasing demand for power transmission in Iraq, providing power to around 2.5 million homes. The government of Iraq is focusing on strengthening the […]
Japan provides US$2.6 million to improve food security for vulnerable communities in Diyala Supported by the Government of Japan, UNDP Iraq is implementing a new project for "Improving food availability for communities vulnerable to food insecurity in Diyala Governorate of Iraq." This project is aimed at supporting small-scale farmers and micro/home-based food businesses vulnerable to […]
By John Lee. Iraq's Council of Ministers has approved the recommendation of the Economic Energy Council to sign contracts for the fifth energy licensing round. According to a government statement, the fifth-round projects had been suspended for four years due to "a complaint about the correctness of the procedures." It adds that, "after this file […]
By John Lee. The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet ordered the Ministry of Finance to provide funding of 5.75 billion dinars ($3.9 million) for emergency works to address water scarcity in Diyala Governorate: IQD 1.75 billion to the General Authority for […]
Germany Increases Support to Boost Employment Opportunities in Iraq with New EUR 18m Contribution Germany and the United Nations Development Programme (UNDP) have today signed a EUR 18.29 million agreement (US$ 21.78 million) to boost employment and economic opportunities for vulnerable communities in Iraq. The generous contribution is the second provided to the Building Resilience […]
