Scotland-based casing and completion tool specialist Deep Casing Tools has continued its Middle East expansion with a successful deployment of its unique drillable turbine technology in Iraq. The company’s 7” Turbocaser Express™ high-speed reaming system was deployed recently for a client who had experienced previous liner running issues. The Turbocaser Express™ reamed through multiple problematic […]
By John Lee. Russia's Uralvagonzavod (UVZ) reportly stopped deliveries of armoured vehicles to Iraq due to delayed payments. TASS, citing UVZ`s 2015 annual report, stated: "In 2015, the UVZ Corporation stopped the shipping of the defense production to the No.356 customer (Iraq) due to delayed payments." (Source: Defense World)
By John Lee. The Islamic State group (IS, ISIS, ISIL, Daesh) has ordered internet service providers (ISPs) to block access to the internet for residents of Mosul. But according to local sources, the ISPs still have to provide services to specific IS headquarters across the city, so online activities can be easier monitored by the […]
Humanitarian Partners Warn that Time is Running Out: $284 Million is Urgently Needed to Prepare for the Mosul Humanitarian Operation Humanitarian partners in Iraq are warning that urgent steps need to be taken to prepare for Mosul. Partners are appealing for USD 284 million to start preparing for the operation, which could impact as many […]
By Muhannad Al-Ghazi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi forces are advancing toward the city of Mosul from the four corners of the country. Kurdish peshmerga are moving from the north and east, while government-controlled forces are heading toward the city from the […]
By John Lee. The UK's Serious Fraud Office (SFO) has announced that it is conducting a criminal investigation into Unaoil, the Monaco-based company that has been implicated in an international corruption scandal. A statement from the SFO called for information relating to the allegations: "The SFO is conducting a criminal investigation into the activities of […]
By John Lee. Iraqi Prime Minister Haider al-Abadi has accepted the resignations of the ministers of oil, transport, housing and construction, water resources and industry, as well as interior, which had been previously announced. Abadi has previously called for the cabinet to include technocrats, a call later taken up by Shia cleric Moqtada al-Sadr, but […]
By John Lee. Associated Press reports that the Iraqi government has announced a two-day mandatory official holiday beginning on Wednesday due to the heatwave, with temperatures expected to exceed 50C (122F). The public holiday will apply to all government workers. Meanwhile, the Kurdistan Regional Government (KRG) has announced that Thursday, July 21st, is to be […]
By John Lee. In its Second Quarter 2016 Results, oil services company Halliburton has said its Middle East/Asia revenue declined 3 percent from the first quarter, due to lower activity levels in Iraq, Australia, and Indonesia. (Source: Halliburton)
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Why some Iraqi Shiites are pushing for Distance from Iran Iraq’s Shiites are witnessing a political-religious rift in their stance toward Iran whose development can be traced back to 2003. While some express complete […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The US will join with Canada, Germany and Japan to co-host a Pledging Conference in Washington, DC in support of humanitarian programmes in Iraq. The UN says $861mn dollars is needed, but just […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Bomber and fighter aircraft […]
