The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. Oil minister Abdul Kareem Luaibi [Elaibi] (pictured) told Reuters on Wednesday that Baghdad signed a deal with BP "about 10 days ago" to revive the northern Kirkuk oilfield. The agreement allows BP to negotiate access to significant reserves in the north in return for helping Baghdad arrest a huge decline in output […]
Minister Falah Mustafa, Head of the KRG's Department of Foreign Relations, has signed an agreement with the US Consul General in Erbil, Mr Joseph Pennington, paving the way for the construction of the US Consulate General. Minister Mustafa signed on behalf of the KRG and expressed his belief that this agreement would strengthen the already […]
Petroceltic International, the independent oil and gas exploration development and production company focused on the Middle East North Africa, the Mediterranean and the Black Sea regions, today announces its results for the six month period ended 30 June 2013. Highlights: High impact drilling campaigns in Kurdistan and Romania recently commenced $500 million debt refinancing Agreement […]
Prime Minister Nechirvan Barzani (pictured) has opened the Kurdistan Careers job fair and launched Kurdistan Works, an employment and training information website provided by the Kurdistan Regional Government to promote recruitment to the private sector. Mr Barzani said: "Today I believe we take a modest step, a simple step, but a necessary step. This job […]
In a visit organised by the Kurdistan Student Union (KSU), Minister Falah Mustafa received a large group of German students and teachers from leading universities and institutes. This is part of a broader initiative by KSU in encouraging exchange of visits and to promote discussions and research about the history, cultural and progress of the […]
More than 75 civil society leaders, government officials, and members of Parliament endorsed today the new policy on relations between the parliament, government, and non-governmental organizations (NGOs) in the Kurdistan Region. A signing ceremony was held at the Canyon Hotel in Erbil to mark adoption of the Compact on Partnership and Development between Public Authorities […]
By John Lee. The German company Gebr Pfeiffer has received another order from China-based Sinoma (Suzhou) Construction Co Ltd for a cement raw material grinding mill in Sulaymaniya. According to a report from Global Cement, the "MPS 5000 B" vertical roller mill has a capacity of 500tph at a product fineness of 10 per cent […]
By John Lee. Genel Energy has announced that a Declaration of Commerciality ("DoC") for the Miran field has been approved by the Ministry of Natural Resources of the Kurdistan Regional Government ("KRG"). Genel currently holds a 100% working interest and is operator of the Miran licence. The KRG has the right to back in for […]
Amid a continuing exodus of Syrians into Iraq's Kurdistan region, the heads of the UN refugee agency and the World Food Programme praised the regional government for giving refuge to almost 200,000 people, including some 47,000 who arrived in the last two weeks. Despite the burden of accommodating such a large influx of refugees, the […]
By John Lee. Petroceltic International has announced that it has spudded two wells: Shakrok-1, the first well in its drilling campaign in the Kurdistan Region of Iraq and Cobalcescu South, part of its planned multi-well drilling campaign, offshore Romania. Kurdistan Region of Iraq In July 2011 Petroceltic announced that Petroceltic Kurdistan Limited ("Petroceltic Kurdistan") had […]
A delegation from the Kurdistan Regional Government visited Northern Ireland this week to take forward an agreement that forges cooperation in several sectors between Kurdistan and Northern Ireland. The delegation, led by Minister Falah Mustafa, Head of the Department of Foreign Relations, was hosted in Enniskillen by Arlene Foster, the Northern Ireland Minister of Enterprise, […]
By Kamal Chomani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Independent High Electoral Commission (IHEC) in Iraq announced that the campaign for the legislative elections in Iraqi Kurdistan will start on Aug. 28 and last until Sept. 17. The Sept. 21 legislative elections will […]
