The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
Packers Plus Energy Services Inc. has announced that it recently installed and stimulated an open hole completion system in the Kurdistan region of Northern Iraq. This is the first well in Northern Iraqi fields for Packers Plus, using its StackFRAC HD system. The open hole method has proven successful against a number of other completion […]
Economic Reforms will Help Achieve Sustainable and Inclusive Growth in the Kurdistan Region of Iraq A new World Bank Group report proposes a series of reforms to enable Iraq’s Kurdistan Region to chart a path out of the difficult economic challenges it faces toward a more sustainable and diversified economic future. The combination of factors […]
The Kurdistan Regional Government (KRG) today publishes the monthly crude oil export report for May 2016. The report for May 2016 details: All oil export volumes through the KRG-Ceyhan crude oil pipeline; all crude oil cargoes lifted from Ceyhan by the buyers; revenues received on account by the KRG during the month; and payments directly made […]
The Governorate of Duhok launched its Provincial Development Strategy 2016-2018 in a ceremony organized in collaboration with the United Nations Development Programme (UNDP), the European Union (EU), and NOREL non-governmental organization. Conceptualized with the support of UNDP’s EU funded Local Area Development Programme (LADP), the Strategy seeks progress in six areas: Multi-sector economy, geographical location, […]
WesternZagros Receives Approval for Garmian Field Development Plan and Submits Kurdamir Field Development Plan WesternZagros Resources has announced the approval of the Garmian Block Field Development Plan ("FDP") from the Kurdistan Regional Government ("KRG") and the submission of the Kurdamir Block FDP. Garmian Block Field Development Plan Approval WesternZagros and its co-venturer, Gazprom Neft Middle […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's Kurdish peshmerga forces on Sunday launched an offensive to retake areas east of Mosul, the Islamic State's main hub in the country, a statement said.
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. Halabja appoints its first female mayor in over a century. But the 38-year-old knows it won't be an easy job. Almost exactly a century ago, the Iraqi Kurdish city of […]
Iran dispatched the first cargo of its gas oil to Iraq’s Kurdistan region on Wednesday, Alireza Ashnagar Iran’s Kordestan province deputy governor general for political, security and social affairs said. He noted that 290,000 liter of gas oil were sent by 10 tankers to the Iraqi Kurdistan region in a bid to enhance living condition […]
By John Lee. Gulf Keystone Petroleum (GKP) has announce that a gross payment of $6.0 million has been received from the Kurdistan Regional Government for Shaikan crude oil exports in April 2016. This is a partial payment of the invoiced amount and the balance is expected to be paid shortly. A further announcement will be […]
By John Lee. Norwegian oil and gas operator DNO, as operator of the Tawke field, has announced that the Tawke field partners have received a payment of $16 million from the Kurdistan Regional Government for oil sales during April 2016. The payment reflects part settlement of the invoiced amount of $32.3 million for April 2016 […]
By John Lee. Genel Energy has announced that the Taq Taq field partners have received a payment of $11 million from the Kurdistan Regional Government for oil sales during April 2016. Genel's net share of the partial payment for April 2016 Taq Taq oil sales is $6.05 million. The payment reflects part settlement of the […]
To mark the closure of a comprehensive informal settlement upgrading intervention in Erbil, a community development centre and a neighbourhood park were opened today in Kurani Ainkawa. The Improving Housing Delivery System in Erbil - Upgrading of Kurani Ainkawa Informal Settlement project is funded by the Kurdistan Regional Government (KRG), and implemented by the United […]
