The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
The battle for Iraq’s oil goes on. Iraqi Kurdistan is intent on controlling its own oil, Baghdad is intent on wresting that control from them. Will the impasse ever be solved? Only if both sides see reason, one commentator argues in this article from NIQASH. Ever since oil was found in Iraq nearly a century […]
President Masoud Barzani this week paid an official visit to the United Arab Emirates to strengthen political, economic, cultural and investment ties between the Emirates and the Kurdistan Region. The President had meetings with the Prime Minister and Vice President of the UAE and constitutional monarch of Dubai, Sheikh Mohammed bin Rashed Al-Maktoum, and the […]
By Michael Aron, Ambassador of the United Kingdom to Iraq. This article was originally published by Rudaw, and is re-published with permission by Iraq Business News. Rather than the usual one or two day visit to Erbil, I have just spent a week in Kurdistan Region travelling to Suleymaniya, Dohuk, Soran and Shanidar. What a […]
Levels of violence fell in Iraq last week following a spate of al-Qaeda attacks the previous week which killed dozens of people. Nonetheless, conditions were still relatively bad. At least 47 people were killed and 65 injured in nationwide incidents. Tactics A suicide bomber in Ba'qubah killed 10 people and injured 15 mid-week. Otherwise a […]
Afren plc announced on Wednesday several senior technical management appointments for its operations in the Kurdistan region of Iraq. Appointment of Managing Director Afren MENA Afren announces the appointment of Mr David Kennedy as Managing Director Afren MENA, who will assume responsibility for Afren's operations in the Kurdistan region of Iraq, including the major Barda […]
Genel Energy has issued the following update on its operations at the Chia Surkh block in Kurdistan: On 16 January 2012, Genel Energy plc ("Genel Energy") announced that it had entered into transactions with Forbes & Manhattan (Kurdistan) Inc. (a subsidiary of Longford Energy Inc.) ("F&M") and Petoil Petroleum to increase Genel Energy's interest in […]
Iraq's the deputy head of the parliamentary security and defence committee, Iskander Witwit, has told Reuters that Iraq will take delivery of the first 24 of 36 F-16 fighter jets it has ordered from the United States at the beginning of 2014. He said the first 24 planes would make up two air force squadron, […]
In its preliminary results announcement on Thursday, Irish oil and gas exploration company Petroceltic made the following statement on its operations in Iraqi Kurdistan: Petroceltic has been considering making an investment in the highly prospective Kurdistan region of Iraq for several years. We were attracted by the prospective geology of the region, in the shape […]
Shaikan-4 Well Test Achieves 24,000 bpd Gulf Keystone Petroleum (GKP) has completed the testing programme for the Shaikan-4 deep appraisal well, drilled 6 km to the west of the Shaikan-1 discovery well in the Kurdistan Region of Iraq. The extensive well testing programme commenced in December 2011 after Shaikan-4 had drilled to a total depth […]
Iraqi Kurds say they have struck a new oil find at the disputed district of Shaikhan, north of the city of Mosul. According to the report from Azzaman, the discovery of reserves of up to 917 million barrels in an area close to Mosul, the capital Nineveh, is certain to fuel tension between Iraqi Kurds […]
The Swedish Transport Academy, officially inaugurated this week in Erbil, will help Iraq’s unemployed and young people acquire the new industrial skills critical for the reconstruction and recovery of the country`s economy. The Academy, which will supply much-needed skilled mechanics to the Iraqi sectors of logistics, manufacturing, and industrial maintenance of heavy machinery such as […]
Shares in Sterling Energy rose 3.7% on Thursday following the publication of its interim management statement. In the statement, the company made the following commentary on its operations in Iraqi Kurdistan: The second, and final, sub-period of the exploration phase of the Sangaw North PSC commenced in November 2011 and has a duration of 2 […]
