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By John Lee. French company Schneider Electric has won a contract to build a power plant in Iraq. The 64MW plant will be built in the Nasir district in northern Dhi Qar province, near the stadium in the area. Schneider employs more than 140,000 people in over 100 countries. Last year revenues were $32bn. (Source: […]
As part of his visit to the Kurdistan Region, the French Ambassador to Iraq, Mr Denis Gauer, along with the French Consul General, Mr Alain Guépratte and an accompanying delegation, visited the KRG Department of Foreign Relations to meet with the Head of the Department, Minister Falah Mustafa to discuss political developments as well as […]
By John Lee. Hoshyar Zebari, Minister of Foreign Affairs, received on October 23, 2013 Mr. Quiermo Martins, Deputy Head of the European Union Mission in Iraq, the Ambassador of France, Mr. Denis Gauer; the British Ambassador, Mr. Simon Coles; and the Ambassador of Germany, Mrs. Bertha Wagner. During the meeting, they discussed the latest regional […]
By John Lee. Iraq has selected five additional international oil companies to bid for the development of its $4.4-billion Nassiriya oil field and the construction of a new 300,000 bpd refinery, reports Reuters. The companies added to the list are: France's Maurel et Prom; Russia's Rosneft; Essar UAE India; South Korea's GS Engineering & Construction […]
By John Lee. A Paris court has cleared oil company Total, its chief executive Christophe de Margerie (pictured), and over a dozen other defendants of corruption charges related to the UN's oil-for-food programme in Iraq. The former interior minister Charles Pasqua, the Swiss oil trader Vitol, and a former French ambassador to the UN, were […]
President Masoud Barzani met with French President François Hollande in Paris on Saturday. In their meeting at the Élysée Palace, President Hollande and President Barzani discussed bilateral relations between France and the Kurdistan Region, the Syrian crisis and the role of the Syrian Kurds, and the political situation in Iraq. Both sides hailed the rapid […]
By John Lee. Azzaman reports that French company Alstom has started work on a new power plant in Diyala. The 730 megawatts plant will be one of he largest in the country, and is being built at a cost of $450 million. Electricity Minister Abdulkarim Aftan, accompanied by representatives from Alston, laid the foundation stone […]
Bin Shabib & Associates (BSA) LLP recently supported the French Business Council Dubai and Northern Emirates, in hosting a cocktail reception at the Divan hotel in Erbil. The reception was attended by representatives from several French companies looking to invest in Kurdistan, government officials, Regulator of Insurance Authority, the French Embassy, the President of the […]
By John Lee. Pertamina, Indonesia’s state-owned oil and gas company, has said it is considering expanding its upstream business in Iraq. The company's investment planning and risk-management director, Afdal Bahaudin, told The Jakarta Post that the second-largest oil producer in the country would keep on searching for producing onshore oil fields available to purchase in […]
The Mid-Euphrates provinces of Babel, Karbala and Najaf have reportedly agreed to build a new airport in Babel province. Babel Deputy Governor, Engineer Ali Abdul Siheil, told AIN that the airport will be built by the French Company EDB at a cost of $2 billion. “There were extended meetings held among the representatives of the […]
By John Lee. French firm Alstom has reportedly signed a $1.5-billion deal with the Iraqi authorities the for the design and construction of a monorail system in Baghdad. Azzaman reports that the contract was signed by Baghdad Governor Salah Abdulrazzaq and Alstom representatives in the Iraqi capital. “The aim of the project is to ease […]
By John Lee. An Iraqi lawsuit accusing more than 90 companies of conspiring with Saddam Hussein's regime to frustrate the United Nations' program, and depriving Iraqis of roughly $10 billion of essential aid, has been dismissed by a court in New York. Reuters reports that U.S. District Judge Sidney Stein said the government of Iraq […]
