The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
Dana Gas has announced that its share of the proved plus probable (2P) hydrocarbon reserves at Pearl Petroleum Company's Khor Mor (pictured) and Chemchemal fields in the Kurdistan Region of Iraq (KRI) have increased by 10 percent following the recent certification of reserves by Gaffney Cline Associates ('GCA'). 2P Reserves Upgrade The independently audited report, […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. With the economy in Iran suffering from US sanctions, many Iranian Kurds are crossing the border to find work in Kurdish Iraq, a semiautonomous region in the northern part of the neighbouring country. […]
By John Lee. Erbil-based SMB Group has won tender to provide 41 ambulances in Iraq, with three years maintenance, to the United Nations Office for Project Services (UNOPS). The contract is valued at $3,984,972. (Source: UNGM)
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Former government spokesman tapped as KRG foreign relations head Iraq's Kurdistan Regional Government (KRG) has formally announced that Safeen Dizayee, the former spokesman of the KRG, will serve as […]
By John Lee. The Kurdistan Regional Government's long-serving Minister of Natural Resources (MNR), Ashti Hawrami (pictured), is to be appointed to the post of Assistant Prime Minister for Energy Affairs in the new KRG cabinet. According to a report from Rudaw, it is not currently clear whether the move will result in the scrapping of […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Logistics Intern, Agency for Technical Cooperation and Development (ACTED) Country Transparency and Compliance Officer, Agency for Technical Cooperation and Development (ACTED) Transparency and Compliance Intern, Agency for Technical Cooperation and Development (ACTED) Country Compliance and Transparency Manager, Agency for Technical Cooperation and […]
By Dana Taib Menmy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani presented his new Cabinet July 10, vowing to institute reforms and reinvigorate the semi-autonomous government in Erbil, Iraq. Three main parties in Iraqi Kurdistan were […]
The Al-Bayan Center for Planning and Studies has just published a new report from our Expert Blogger Ahmed Tabaqchali: The current debate over the interpretation of the 2019 budget that governs the Kurdistan Regional Government’s (KRG) share of the federal budget in return for contributing 250,000 bbl/d to federal oil exports has echoes of the […]
By John Lee. Gulf Keystone Petroleum (GKP) has announced its intention to commence a share buyback programme, using the company's existing cash resources to make market purchases of Gulf Keystone common shares for a maximum consideration of US$25 million, with the first stage of that programme being initiated now to purchase Gulf Keystone shares for […]
By John Lee. A major hackathon weekend is planned to take place in Slemani (Sulaymaniyah) on the weekend of 8th to 10th August. HackaSuly describes itself as "the largest international hackathon in Iraq that brings the coding community together over a weekend to work in teams and turn their ideas into technological solutions". More here.
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. President Nechirvan Barzani of the Kurdistan Regional Government (KRG) left Erbil for the first time since taking office and headed to the Iraqi capital on June 20 to discuss several outstanding […]
Shares in Gulf Keystone Petroleum (GKP) closed Friday up 3.5 percent after the company issued the following operational and corporate update ahead of its AGM: Operational Workovers on SH-1 and SH-3 have now been completed, resulting in the anticipated material production uplift at both wells. Production from SH-1 has increased by 105% to 7,800 bopd […]
