Missan / Mysan latest Business News – oil & oilfields, power, water and more – brought to you by Iraq Business News
By John Lee. The Bazargan Oil Complex has announced the establishment of a gas compression unit with a processing capacity of up to 70 million standard cubic feet per day (MMscf), as part of efforts to fully utilize associated gas from Missan's oil fields. Hassan Falahi, head of the gas processing division, told the state-run […]
By John Lee. The US Agency for International Development (USAID) has announced a $20 million investment over four years to enhance water and sanitation services in Iraq, benefiting 2.5 million people across five governorates: Maysan [Missan], Diwaniyah, Ninewa, Baghdad, and Erbil. Implemented by the United Nations Children's Fund (UNICEF) under the Government of Iraq's leadership, […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Al-Majar Al-Kabir City in Maysan/Missan governorate. This project spans 2,299 dunams and offers two investment opportunities. Interested investors must purchase the investment portfolio for 30 million Iraqi dinars and review […]
By John Lee. The Deputy Minister of Oil for Gas Affairs, Ezzat Saber (pictured), emphasized the urgency of accelerating the investment in associated gas from oil operations at the Bazargan field in Maysan province. The goal is to harness 70 million standard cubic feet per day (MMSCFD) to support and enhance the energy sector, generating […]
By John Lee. Iraq's Prime Minister Mohammed Shia' Al-Sudani inaugurated a major gas processing project in the Halfaya oilfield in Maysan governorate, with a capacity of 300 million standard cubic feet per day. Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayyan Abdul Ghani, stated that the commissioning of the Halfaya gas processing […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of two oil wells in the Zubair and Fakka [Jabal Fauqi] oil fields. The ZB-608 oil well in the Zubair oil field reached a depth of 3,598 meters using the 1,500-horsepower IDC 38 drilling rig. This is part of the contract with […]
By John Lee. The Iraqi Ministry of Health has invited interested parties to pre-qualify for the management and operation of six teaching hospitals: Al Sadeq Teaching Hospital 492 beds/ Babel Al Hasan Al Mujtaba Teaching Hospital 492 beds/ Karbala Al Najaf Teaching Hospital 492 beds/ Najaf Al Hakeem Teaching Hospital 492 beds / Maysan Al […]
By John Lee. Canada and the Food and Agriculture Organization of the United Nations (FAO) in Iraq have signed a four-year CAN$ 10M * (US$ 7.3 million) agreement to implement a project aiming to strengthen the climate resilience of vulnerable agriculture households in the Southern Iraqi Governorates of Babil, Missan, Muthanna, Najaf, Al Diwaniyah, Thi-Qar […]
The Iranian Minister of Economic Affairs and Finance said three joint industrial towns between Iran and Iraq will be launched in the border areas in the Iraqi provinces of Maysan (Missan), Basra and Wasit. Seyed Ehsan Khandouzi (pictured) made the remarks on the sidelines of the unveiling ceremony of "Factoring System of Private Contracts", held […]
By John Lee. The Iraqi Drilling Company (IDC) has begun drilling the FQCS-88 oil well at the Fakka oil field in eastern Maysan [Missan] province. The 2,000-horsepower IDC 55 rig is operating as part of a project to drill 22 oil wells for the China National Offshore Oil Corporation (CNOOC). It will drill to a […]
By John Lee. Iraq's Council of Ministers has approved the recommendation of the Economic Energy Council to sign contracts for the fifth energy licensing round. According to a government statement, the fifth-round projects had been suspended for four years due to "a complaint about the correctness of the procedures." It adds that, "after this file […]
By John Lee. Baker Hughes has said its oilfield services (OFS) division has secured a four-year contract to provide artificial lift solutions for the Missan [Maysan] oilield in Iraq. In a statement announcing its results for the second quarter of 2022, the US-based company said the contract includes the supply of electrical submersible pumps (ESP), […]
