Tag Archives | featured

Zain Iraq, Ericsson Offer Boosted Data Services

By John Lee. In preparation for the anticipated increase in data traffic and demand in Iraq, Zain Iraq has invested in the implementation of Ericsson’s award-winning virtual Evolved Packet Core (vEPC) solution nationwide. The deal is Ericsson’s first vEPC contract in Iraq, and one of the first in the Middle East and Africa (MEA) region. […]

BOC "Preparing to Tender" for Water Injection Project

By John Lee. The Basra Oil Company (BOC) is reportedly preparing to tender for a water injection project in Iraq if talks with ExxonMobil and PetroChina fail. Reuters quotes the head of the Oil Ministry's Petroleum Contracts and Licensing Directorate (PCLD), Abdul Mahdi al-Ameedi, as telling reporters at the CWC Iraq Petroleum Conference in Berlin, […]

"Iranian Interference" in Iraqi Election Angers Iraqis

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. Iranian Interference in Iraqi Election stirs Anger among Iraqis Ali Akbar Velayati (pictured), Supreme Leader Ayatollah Ali Khamenei's top adviser on international affairs, paid an official visit to Iraq from Feb. 15-18. He made statements on […]

Market Review: Momentum & High-Quality Leadership

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The positive momentum which started during the second half of January continued unabated throughout February with both prices and turnover increasing meaningfully. The market, […]

Oil Exports Fall Slightly in February

By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for February of 95,940,404 barrels, giving an average for the month of 3.426 million barrels per day (bpd), a slight decrease from the 3.490 bpd exported in January. The exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Security Manager, Heartland Alliance for Human Needs Security Officer, Heartland Alliance for Human Needs Deputy Country Director - Support Services, Mines Advisory Group (MAG) Project Compliance Officer, UNOPS - United Nations Office for Project Services Project Support Officer, International Business and Technical Consultants, […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Project Manager for Tech for Food, UNAMI Project Assistant for Tech for Food, UNAMI Programme Policy Officer (Cash Based Transfers), UNAMI Protection Associate (Legal), UNAMI Project Manager (Tech for Food) CST, UNAMI Monitoring, Evaluation, Accountability and Learning Manager, Terre des hommes Logistician […]

5 New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced five new investment opportunities in Iraq: Rehabilitation and Operation of Basrah Salt Plant Investment Opportunity in Rubber Industries Investment Opportunity in Cement Sector Rehabilitation of Aluminum Plant/ Ur State Company Rehabilitation and Modernization of Bentonite Activation Plant (Source: National Investment Commission)

Iraq signs Memorandum of Cooperation with Kuwaiti Company

By John Lee. Iraq's Oil Ministry has signed a a memorandum of cooperation with the Kuwait-based company Al-Arfaj, with a view to capturing and using associated gas from Iraq's oil fields. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] ending gas flaring and using the gas for petrochemical production was a priority for the Ministry. According […]

Baghdad extends Air Blockade over KRG-held Areas

By John Lee. Daily Sabah reports that Iraq has extended its ban on international flights to Iraqi Kurdistan by three months. The Iraq Civil Aviation Authority (ICAA) reportedly told Erbil International Airport (EIA) that the ban on international flights to and from Erbil and Sulaymaniyah airports has been extended to the end of May. (Source: […]

Oil Ministry Finalises Export Figures for January

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for January of 108,190,068 barrels, giving an average for the month of 3.490 million barrels per day (bpd), a slight decrease from the 3.535 bpd exported in December. The exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. […]

New Oil Licensing Round Delayed by Elections

By John Lee. Platts reports that the final details of Iraq's latest oilfield licensing round will not be completed by the planned date of July, due to the upcoming elections. Abdul Mahdy Al-Ameedi, Director General of the Oil Ministry's Petroleum Contracts and Licensing Directorate (PCLD) told the CWC Iraq Petroleum Conference in Berlin: "The timing […]