By John Lee. The Provincial Council in Babel [Babil] has voted unanimously for "the participation of each of Karbala, Babil and Najaf provinces in managing the Mid-Euphrates airport, which is hopefully established in the land among the three provinces". The Head of the Investment Committee in the Council, Mahdi Aakul, told AIN: "The participation will […]
Tag Archives | France
The latest France – Iraq Business News – Total, Alstom, Cahors International and more – brought to you by Iraq Business News
Tags: Aeroports de Paris Ingenierie (ADPi), Airports, Babel, Babil, France, Karbala, Kerbala, Middle Euphrates International Airport (MEIA), Najaf
Iraq Warns Total over KRG Oil Deal
By John Lee. Iraqi authorities have warned France's Total that it must freeze its energy deal with Iraqi Kurdistan or sell its stake in the Halfaya oilfield, reports Reuters. Faisal Abdullah, a spokesman for Deputy Prime Minister for Energy Hussain al-Shahristani, said: "Iraq has officially asked Total to freeze or cancel its contract with the […]
Total in Kurdistan Deal with Marathon
By John Lee. Following months of speculation, France's Total has announced the completion of an acquisition of 35% interest in two exploration blocks in Iraqi Kurdistan. In a brief statement, the company said: "Total ... announced the signature of a Farm-in Agreement in two exploration blocks in Kurdistan Region of Iraq. "Total has completed an […]
Tags: 'Your Country' - United States, France, Harir, Kurdistan News, Marathon, oil contracts, Safen, Total
Alstom Grid wins $42m Kurdistan Electrical Contracts
By John Lee. Alstom Grid has announced that it has won contracts worth €34 million ($42 million) from KAR Construction & Engineering Company to engineer and supply substations for the electrical grid. The company will supply four 132/33/11 kV Air-insulated Switchgear (AIS) substations and one 132/33/11 kV Gas-insulated Switchgear (GIS) substation for the Kurdistan Regional […]
Foreign Minister Opens Iraqi Embassy in Paris
By John Lee. Iraq's Minister of Foreign Affairs, Hoshyar Zebari, inaugurated the new Iraqi Embassy building in the French capital, Paris, on Thursday following refurbishment work on the building. Present at the ceremony were; Iraqi Prime Minister's Counselor, Dr. Fadhil Mohammed Jawad, Minister Delegate for the French Foreign Ministry for Development Affairs, Pascal Canfin, Representative […]
Italian, Ukrainian, French Firms Consider Investment in Babil
Babil Investment Commission [Babylon Investment Commission] has announced that a group of Italian, Ukrainian and French companies are interested in investing in the province. The deputy chairman of the Investment Commission, Abbas al-Tai, told Alsumaria News that the companies are considering construction and industrial projects, and that "the Commission has provided all the necessary facilities to […]
Iraq Warns France Against Unsanctioned Oil Deals
Iraq gave a veiled warning to France's Total on Wednesday not to make deals with the KRG without the approval of central government in Baghdad, reports Reuters. Kurdistan said on Tuesday it expects more oil majors to follow Exxon in striking deals in the region; Total has already said that it was interested. Iraqi Deputy […]
Iraq to Buy New Trains
Iraq has reportedly asked several international companies to submit bids for the supply of 10 passenger trains. Bloomberg reports that France's Alstom, and China's Datong Electric Locomotive Company have been invited to submit bids, as have manufacturers in Turkey, Iran and Croatia. Jawad al-Kharsan, a spokesman for the national railway company, said the winning company […]
Alstom Signs 50m Euro Iraq Power Contract
French engineering group Alstom signed a 50 million euros contract to rehabilitate a gas-fired power station in Iraq, reports Reuters. Alstom will work on two units of the Khor Al Zubair station in the southern city of Basra, adding 60 MW to the power supply. The first unit will be reconnected later this year and […]
Iraq Warns Total over Kurdistan Deals
Following Total's statement on Friday that it was considering possible investments in Iraqi Kurdistan, Deputy Prime Minister for Energy Hussain al-Shahristani warned the French major on Sunday that it would bear the "full consequences" if it did. "The position of the Iraqi government will be the same as with the other oil companies, that no company […]
Tags: 4th round oil licences, France, HaLFAYA, KRG, Kurdistan News, Maysan, Missan, oil contracts, Shahristani, Total
Iraqi Ministry of Agriculture buys 9 Helicopters
Iraqi Ministry of Agriculture has completed a $30 million deal to purchasing nine helicopters from a French company, according to AKnews. Kareem Tamimi, a spokesman for the ministry, said the deal was brokered initially two years ago, but did not mention the name of the company. The French company will deliver one helicopter every three […]
Tags: France
France's Total Rumoured in Talks with KRG
The Sunday Times, citing unidentified industry sources, reports that French oil and gas producer Total is close to securing exploration rights over several exploration blocks in Iraqi Kurdistan. A deal could be announced within weeks, according to the newspaper. Chevron and ConocoPhillips are also believed to be competing for rights in the semi-autonomous region, following […]