By John Lee. National Investment Commission (NIC) Chairman Dr. Sami Al-Araji and Iraqi Permanent Representative in the UN, Ambassador Muhammad Ali Al- Hakeem, met recently with the Italian Deputy foreign Minister, Mr. Vincenzo Amendola, at the Italian Representation Headquarter in the UN. During the meeting the two sides discussed bilateral relations and the Italian efforts […]
By John Lee. Italy's Italdraghe SpA has delivered a SGT 400 cutter suction dredger, similar to the one pictured, to the Iraqi Ministry of Water Resources. According to a report from Dredging News Online, it is the first of a series of three that the company is supplying to this particular client. (Source: Dredging News […]
Italian Foreign Minister Paulo Gentiloni has met with his Iraqi counterpart, Ibrahim al-Eshaiker al Jafaari, telling him: "We are standing by you while Mosul is being liberated and we will continue to be by your side through the post-Daesh stabilisation process. Italy intends to keep its commitment in the region, by supporting the Baghdad Government and […]
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 […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Ministry of Oil should withdraw its plan to offer 12 new oilfields. In a rather surprise move, the Ministry of Oil (MoO) announced its “intention” to offer 12 medium and small […]
By John Lee. Iraq's Ministry of Oil has requested proposals from international oil companies interestsed in developing a number of small- and medium-sized oil fields. The fields concerned are: Sindebad (Basra governorate); Umm Qasr [Um Qaser] (Basra governorate); Rachi (Basra governorate); Abu Khema (Basra governorate); Kumait (Missan governorate); Noor (Missan governorate); Umara (Missan governorate); Dema […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Exact replicas of three architectural treasures damaged or destroyed by the Islamic State group (IS) in Syria and Iraq are on show at the Colosseum in Rome.
By John Lee. The South Oil Company (SOC) has officially taken over the stake in the Zubair oil field formerly held by US-based Occidental Petroleum, which has withdrawn from the project. Repressentatives of Italy's Eni and the Korea Gas Corporation (KOGAS) signed the agreement along with the Ministry of Oil. Mr. Laith Al-Shaher, the director general […]
The Italian Ministry of Foreign Affairs and International Cooperation has provided funding for IOM to implement a project to contribute to stabilization of conflict-affected communities in Diyala governorate, Iraq. The one-year project aims to foster social cohesion, reduce tensions between local communities and displaced Iraqis and returnees, and support the role of women in peace […]
By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. The official website of the League of the Righteous movement (Asaib Ahl al-Haq) reported Aug. 14 a visit by the Italian ambassador to Baghdad, Marco Carnelos, to league Secretary-General […]
UNHCR in Iraq welcomes new funding announced by the Government of Italy of €441,500 to help support the restoration of essential infrastructure in Diyala Governorate. The project aims to provide infrastructural support to restore public services, helping to facilitate the reintegration of returning displaced Iraqis in Saadiya and Jalawla districts - areas which were briefly […]
Dubai-based Drake & Scull International PJSC (DSI) has announced that it has been awarded a AED 226 million ($61 million) engineering, procurement and construction (EPC) contract for the construction of a water injection network installation project at the Zubair oil field in Basra, Iraq by ENI Iraq B.V. (EIBV) a subsidiary of the Italian oil […]
