The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
The United Nations Assistance Mission for Iraq (UNAMI) is deeply concerned about the violence and the reported casualties during demonstrations in the Kurdistan Region of Iraq (KRI) in the last two days, and calls for restraint and calm on all sides. The people have the right to partake in peaceful demonstrations, and the authorities in […]
By John Lee. Germany has said that its continuing aid to Iraq depends on peaceful efforts to solve the conflict between Baghdad and Erbil. Reuters quotes German Foreign Minister Sigmar Gabriel (pictured) as saying on Monday: "Our support is for Iraq as a unified state ... We want to continue that, but the precondition is […]
A top Kurdistan Regional Government delegation, headed by Prime Minister Nechirvan Barzani held an extensive meeting with the Kurdistan Parliament Deputy Speaker Jaafar Ebrahim Eminky and heads of Parliamentary Committees of Natural Resources, Industry, Energy, Financial and Legal Affairs. The KRG delegation included Deputy Prime Minister Qubad Talabani and a number of senior officials. In […]
KRG Prime Minister Nechirvan Barzani inaugurated the new building of Kurdistan Institute of Public Administration (KIPA) on Tuesday. In a speech, Prime Minister Barzani stated, he hopes that KIPA “will continue to work diligently to provide the much needed services of building the capacities of Kurdistan Regional Government’s civil servants.” Below is the transcript of […]
DNO ASA, the Norwegian oil and gas operator, today announced a tripling of production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 15,000 barrels of oil per day (bopd) following completion of the Peshkabir-3 well testing, stimulation and cleanup program. A total of 11 zones in a 1.2 […]
Iraqi Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] said on Sunday that a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil is for one year. “This is an agreement for one year and then we will see after that […]
Key Ministers and officials from the Kurdistan Region of Iraq (KR-I) alongside representatives of the private sector, civil society, labour unions, the international community, donors and development agencies convened at a high-level conference yesterday in Erbil on E-Governance and Public Service Centres. The Ministry of Interior of the KR-I organized the conference under the auspices […]
By John Lee. The Iraqi Ministry of Oil has denied reports that Russian Energy Minister Alexander Novak discussed Russian oil companies' operations in Iraqi Kurdistan with the Iraqi prime minister or oil minister during his trip to Iraq. Novak had been quoted as saying that Baghdad had no problems with Russian companies doing business with the […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Since the ill-fated Kurdish independence referendum, critics have been calling for the current government of the region to be replaced. But, as some critics say, nobody is serious about this […]
Genel Energy has announced an update on activity at the Taq Taq field (Genel 44% working interest). The TT-29w well, which was drilled to appraise the northern flank of the Taq Taq field, has been completed as a producer after successfully encountering oil bearing Cretaceous reservoirs. The well, which was drilled to a measured depth […]
Gulf Keystone Petroleum (GKP) has announced the appointment of Jacobus ("Jaap") Huijskes as a Non-Executive Director with immediate effect. Jaap Huijskes was most recently a Director at OMV, the Austrian integrated oil and gas company listed on the Vienna Stock Exchange. While at OMV, he was responsible for Exploration and Production (E&P) and oversaw the […]
By John Lee. The escalating tensions between Baghdad and Erbil have triggered an unprecedented upsurge in applications from wealthy Iraqi nationals for second citizenship programs. Data collected by Savory & Partners, one of the largest companies in the Middle East that provides citizenship-by-investment programs, shows that compared to the same quarter last year, interest has […]
