Tag Archives | featured

New Oil Bidding Round Postponed to Mid-2017

By John Lee. The Ministry of Oil is to postpone a bidding round for 12 small- and medium-sized oil fields, following criticism of the plans by experts including IBN Expert Blogger Ahmed Mousa Jiyad. In a statement, the Ministry's Petroleum Contracts and Licensing Directorate (PCLD) said: "Following to the previous Ministry of Oil Announcement dated […]

Gas Plus Khalakan (GPK) spuds Shewashan-4 Well

Gas Plus Khalakan (GPK), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan field. The GPK operations update outlines the continued operating and development events occurring on the Shewashan field including the spud of a new well, Shewashan-4. Key events include; Shewashan-4 Spud: The […]

Iraqi Troops Force Defensive Choices for ISIL

Iraqi security forces continue to apply pressure on multiple fronts in the operation to retake the country’s second-largest city of Mosul from Islamic State of Iraq and the Levant terrorists, Pentagon Press Secretary Peter Cook told reporters today. “The advances so far are forcing ISIL to choose where they want to try and defend the […]

Coalition Targets ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq on Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter and remotely […]

IBBC Announces Changes to Leadership Team

The Iraq Britain Business Council (IBBC) has today announced changes to its leadership team. Former IBBC Executive Chairman Baroness Nicholson of Winterbourne is now President of the 54-member organisation. Baroness Nicholson also serves as the Prime Minister’s Trade Envoy to Iraq, Azerbaijan and Turkmenistan. Replacing Baroness Nicholson as Chairman is Mr Mohammed Charchafchi, Chairman and […]

DNO Considers Revised Offer for GKP

By John Lee. Norway's DNO has stated that its July 2016 proposal to acquire Gulf Keystone Petroleum (GKP) has expired, "as certain conditions to the recent financial restructuring set by Gulf Keystone itself appear not to have been met." In a statement, the company said: "Given the resulting uncertainties about Gulf Keystone's asset, commercial oulook […]

First Phase of New Tawke Drilling Campaign Completed

DNO ASA, the Norwegian oil and gas operator, today announced a third consecutive quarter of operating profits and the completion of the first phase of the 2016-2017 drilling campaign at the Company's flagship Tawke field in the Kurdistan region of Iraq. Four new production wells at Tawke, three of which targeted the shallow Jeribe reservoir […]

US Airstrikes May Have Killed 64 Civilians

After months of reviewing reports and databases to resolve cases in which coalition airstrikes may have resulted in civilian casualties, U.S. Central Command officials have determined that over the past year, 24 U.S. airstrikes targeting the Islamic State of Iraq and the Levant may have killed as many as 64 civilians and injured eight others […]

Military Strikes Continue Against ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq on Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and remotely piloted […]

Trump Victory: "No Change" in Baghdad-Washington Ties

The Iraqi government has said that the election of Donald Trump as US president will not change its relationship with the United States. Government spokesman Saad al-Hadithi told Rudaw: “The Iraqi-American strategic agreement, including the economy and war on terror are all mutual files between the two countries and these ties will remain as they […]

Mott MacDonald to design new Xarajyan Oil Terminal

Mott MacDonald has been appointed by Qaiwan Group to provide engineering, procurement and construction management services for the new Xarajyan oil terminal in Iraqi Kurdistan. The facility will handle petroleum products such as gasoline, diesel, aviation turbine fuel, kerosene, fuel oil and liquefied petroleum gas. Qaiwan Group is a 2000-strong privately-owned company headquartered in Sulaymaniyah, […]