The latest Kirkuk, Iraq Business News – security, land, farming, infrastructure and more – brought to you by Iraq Business News
By Noam Raydan and James Jeffrey, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Oil from Northern Iraq Arrives in the United States After Pipeline Reopens s In addition to providing discounted crude of a quality […]
By John Lee. The Central Bank of Iraq (CBI)'s Mosul branch, represented by Director General Dr Hussein Lazem, participated in the "Informatics, Digitalisation, and Their Impact on Sustainable Development" conference organised by the College of Administration and Economics at the University of Kirkuk. The event featured several research papers and studies, including two submitted by […]
By John Lee. Oil Minister Hayan Abdul Ghani has overseen the activation of a major development contract for four Kirkuk oilfields and the rehabilitation of gas facilities. The agreement was signed between North Oil Company (NOC), North Gas Company (NGC), and BP. The contract covers the Kirkuk (Baba and Avana domes), Jambur, Bai Hassan, and […]
By John Lee. Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil, Eng. Hayan Abdul Ghani, has visited the Hydrogenation and Gasoline Improvement Project in Kirkuk, currently being implemented by Al-Barham Company for Refining and Distribution of Petroleum Products for the North Refineries Company (NRC). The Minister reaffirmed the government's commitment to upgrading […]
By John Lee. Kurdistan Human Rights Watch (KHRW) has won a contract with the United Nations Development Programme (UNDP) for the "Technical and on-the-job solar system training to the University of Kirkuk's students in Kirkuk city." Contract value is stated as $352,976.41. (Source: UNGM)
By Dana Taib Menmy for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Is the revival of the Iraq-Lebanon oil link just a pipe dream? The proposal has been raised multiple times over the past few years in talks between successive […]
By John Lee. Iraq's Council of Ministers has approved converting the contract model for the Kirkuk Refinery's Hydrogenation and Gasoline Improvement Unit (12,000 barrels per day) from a Build-Own-Operate (BOO) to a Build-Own-Operate-Transfer (BOOT) model. The processing fee for the project has been set at $23 per barrel. (Source: PMO)
By John Lee. Iraq's Prime Minister, Mohammed S. Al-Sudani, oversaw the signing of a major agreement between the Iraqi Ministry of Oil and BP for the development and production of four key oil fields in Kirkuk. The contract covers the Kirkuk field (Baba and Avana domes), Bai Hassan, Jambur, and Khabbaz. The signing ceremony on […]
By John Lee. Iraq's Ministry of Justice has said it has successfully defended Iraq in a $1-billion international arbitration case filed by Germany's AHG Industry GmbH & Co. KG at the World Bank's International Centre for Settlement of Investment Disputes (ICSID). According to the statement from the Ministry on Tuesday (11th March), the dispute stemmed […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has officially inaugurated the reconstructed Al-Fatha Bridge over the Tigris River, restoring a crucial transportation link between Salah al-Din and Kirkuk Governorates. The 540-meter bridge, which was destroyed during the war against ISIS, has been rebuilt with enhanced capabilities following the Prime Minister's directive to accelerate its […]
By John Lee. Iraq's Ministry of Oil has signed an initial agreement with BP to develop four oilfields in Kirkuk. The agreement, signed by North Oil Company (NOC) and North Gas Company (NGC), covers the development of the Avana and Baba domes of Kirkuk, Bai Hassan, Khabbaz, and Jambur fields. Minister of Oil Hayan Abdul […]
By John Lee. BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. The agreement, signed in Baghdad on Tuesday under the patronage of Prime Minister Mohammed Shia Al-Sudani, encompasses oil, gas, power and water development, with potential for future […]
