The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
The Kurdistan Regional Government (KRG) says it has been struggling to provide adequate humanitarian assistance to an overwhelming number of Iraqi internally displaced persons, IDPs, and Syrian refugees. However, according to the KRG Ministry of Planning, the Kurdistan Region needs further assistance from United Nation agencies and the international community in order to be able […]
Kurdistan Region Prime Minister, Nechirvan Barzani, has received Mr. Akihiko Tanaka, head of Japan International Cooperation Agency (JICA) and Japan’s Ambassador to Iraq. Mr. Tanaka expressed his appreciation for the assistance that Kurdistan Regional Government, KRG, provides to the agency during the implementation of their projects in the Region. He briefed the Prime Minister about […]
First ever crisis coordination and disaster preparedness centre in Kurdistan The Kurdistan Regional Government’s (KRG) Ministry of Interior has inaugurated its Joint Crisis Coordination Centre (JCC), mandated by the Council of Ministers in January 2015. Several international donor partners and the United Nations extended support to the KRG to build an institutional response and coordination […]
By John Lee. The Lebanese government is to open a consulate Erbil in August. According to BasNews, weekly flights connect Erbil and Beirut as over 6,000 Lebanese work in Iraqi Kurdistan, in mainly in education, tourism and investment. More than 25 countries have already opened consulates and representative offices in the Kurdistan Region. (Source: BasNews) […]
Oryx Petroleum has announced its financial and operational results for the three months ended March 31, 2015. (All dollar amounts set forth in this news release are in United States dollars, except where otherwise indicated). Financial Highlights: Total revenues of $5.3 million on working interest sales of 128,700 barrels of oil and average realized sales […]
To review the latest prospects for and progress of the December 2, 2014 agreement between the KRG and the Federal Government of Iraq, a joint meeting between the Kurdistan Region Council of Ministers’ Presidency and Kurdistan representatives in Baghdad was held in Erbil on Wednesday. After being presented with details and data of oil export […]
Kurdistan Region President Masoud Barzani and an accompanying senior KRG delegation met with Hungarian Prime Minister Victor Orban in Budapest on Monday to discuss bilateral ties, and the Hungarian support for the Kurdistan Region in its fight against the ISIS terrorists. In this meeting, Prime Minister Orban expressed his country’s strong support for the people […]
Hermes Datacomms, a leading global provider of managed networks for the upstream oil and gas industry, part of the SpeedCast Group, today announced the opening of its newest office in Erbil, Iraq. The new facility is in direct response to increasing demand for services from the oil and gas sector in Iraq and will enable […]
By John Lee. The Kurdistan Regional Government (KRG) has published the Monthly Export Report for April, 2015. The detailed report provides a summary of crude oil exports in April through the Kurdistan pipeline network to the port of Ceyhan in Turkey. The report also indicates the volumes provided to SOMO by the KRG in line […]
By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As a coalition of Sunni Arab states led by Saudi Arabia targets Shiite Houthi forces and their allies in Yemen, Iraqi Kurds are watching with concern and caution, wondering how […]
Norwegian oil and gas operator DNO today announced the doubling of capacity at its flagship Tawke field in the Kurdistan region of Iraq to 200,000 barrels of oil per day (bopd). The 200,000 bopd wellhead, processing and pipeline capacity milestone was reached in less than two years with 10 new horizontal wells and the construction […]
WesternZagros Resources has provided an operational update for its Garmian Block in the Kurdistan Region of Iraq, and a corporate update. Hasira-1 Well The Hasira-1 well is in the process of being suspended after conducting a cased-hole testing program in the high pressure Mio-Oligocene oil reservoir. During this test the wellbore experienced a considerable influx […]
