By Padraig O'Hannelly. Germany's new ambassador to Iraq has invited German companies to join an economic conference in Basra, which he is planning to arrange in Spring 2022, in cooperation with the Governor of Basra. H.E. Martin Jaeger said his first trip within Iraq following his appointment was to Basra, where he got the strong […]
Prime Minister Masrour Barzani on Wednesday launched Erbil's first-ever agriculture fair, for farming and animal products. The fair is supervised by the Iraqi ministry of agriculture and the Kurdistan Region ministry of agriculture and water resources. PM Barzani said the fair is an important step towards developing Iraq's agriculture. "This fair will be a starting […]
DNO ASA, the Norwegian oil and gas operator, today reported third quarter revenues of USD 253 million, a 38 percent quarter-on-quarter increase driven by higher North Sea sales and strengthening commodity prices. The Company's operating profit climbed seven percent to USD 65 million, weighed down by non-cash net impairments of USD 40 million primarily related […]
Shares in Genel Energy were trading down 3.5 percent on Thursday morning following the company's trading and operations update in respect of the third quarter and first nine months of 2021. The company said it now expects production in the year to be slightly below the 2020 average of 31,980 bopd. Bill Higgs, Chief Executive […]
ILO workshop with tripartite partners sheds light on maternity protection in Iraq A one day workshop funded by the European Union focusing on maternity protection was organised by the International Labour Organization (ILO) in Baghdad on Tuesday (November 2). The workshop, which brought together representatives of the Ministry of Labour and Social Affairs, the women's […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for October of 96,708,660 barrels, giving an average for the month of 3.120 million barrels per day (bpd), up slightly from the 3.081 million bpd exported in September. The exports from the oilfields in central and southern Iraq amounted to approximately 93,386,975 barrels, […]
The United Nations Compensation Commission (UNCC) has made available $490 million to the Government of the State of Kuwait towards the Commission's remaining claim with an outstanding award balance. The United Nations Compensation Commission is a subsidiary organ of the United Nations Security Council. It was established in 1991 in accordance with Security Council resolutions […]
By John Lee. Iraq and Saudi Arabia are reportedly about to sign energy deals worth tens of billions of dollars. The state-run Al-Sabaah newspaper quotes Oil Minister Ihsan Abdul Jabbar (pictured) as saying that Iraq is negotiating with oil giant Saudi Aramco to enter as a partner in contracts for gas exploration in the Western […]
Plans for a new Iraq venture fund have been announced by some of the Iraq ecosystem's pioneers, Omar Al-Handal (The Station), Bassam Falah (Innovest ME, Ruwwad Al Iraq), and Mohammed Khudairi (Iraq Tech Ventures), who will serve as the fund's General Partners. The partnership is called Iraq Venture Partners (IVP), and it plans to invest […]
AUIS Entrepreneurship and Innovation Center announces call for Applications for AUIS Innovation Awards The AUIS Entrepreneurship and Innovation Center (AEIC) at the American University of Iraq, Sulaimani (AUIS) announced on Monday the AUIS Innovation Awards (AIA), which will highlight innovation excellence in institutions in Iraq and the Kurdistan Region and put a spotlight on innovative […]
From the Office of the Iraqi President: Mesopotamia Revitalization Project: A Climate Change initiative to Transform Iraq and The Middle East Addressing climate change must become a national priority for Iraq. The country is one of the most at-risk from climate-change impact; according to the UN Environment Program, Iraq is the 5th most vulnerable globally […]
By John Lee. China's CITIC Construction has won the bid for the first and second phases of AI Khairat heavy oil power plant in Iraq. Yang Jianqiang, Deputy President of CITIC Construction, held talks with Mazin Wajih, Chairman of Harlow International, in Dubai representative office, and received the letter of acceptance issued by Mazin Wajih. […]
