By John Lee. The Iraqi Cabinet has agreed to approve a recommendation from the National Investment Commission (NIC) for the Ministry of Electricity to proceed with an investment project for the construction of seven "alternative energy" power plants. The new power stations are to be built in Karbala, Wasit, Babylon, and Al-Muthanna provinces. (Source: Govt […]
By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet agreed to authorise the Ministry of Higher Education and Scientific Research to grant licences to new private colleges in Baghdad, Anbar, Basra and Al-Muthanna provinces. (Source: Govt of Iraq)
By John Lee. Indian-based Asian Oilfield Services Limited has announced that it has won orders totalling $37 million in Iraq. The orders relate to seismic acquisition at Block 12, with $12 million for a 2D survey and $25 million for a 3D survey. Block 12, located in the Najaf and Muthanna provinces, is being developed […]
By John Lee. The National Investment Commission (NIC) has published details of a new round of solar energy projects: The Ministry of Electricity is please to invite local, regional and international Independent Power Producers (IPP) to submit Expressions of interest (EOI) to embark into a proposed reverse auctioning round for SEVEN (7) Green field solar […]
By John Lee. China’s Sinoma International Engineering has signed a $246-million contract to build a 6000-tonne/day clinker production line in Iraq. The plant will be built for Iraqi Cement in the Samawah of Muthanna. It will handle the entire production process, from raw material crushing to finished cement packaging. Once the contract is finalised, the […]
By John Lee. The Ministry of Oil has extended the closing dates for tenders for two new oil refineries: Muthanna refinery, 70,000 bpd: More information here. Diwaniya refinery: 70,000 bpd: More information here. Companies interested in investing must submit their documents by the end of working hours on Sunday, 30th October 2018. For further information […]
By John Lee. UAE-based Crescent Petroleum has signed the initial contracts to develop the oil fields of Gilabat-Qumar (in Diyala), Khashim Ahmer-Injana (in Diyala), and Khudher Al-Mai [Khider al-Mai] (in Basra and Muthana). Mr. Abd Allah Al-Kadhi, the head of exploration and production in the company, said that production will start after three years. The […]
Russia's Lukoil has signed contracts with the state-owned Iraqi Oil Exploration Company to carry out seismic surveys at the Eridu field in Block 10, and also at Block 10's southern and central parts, previously not part of the survey. The scope of appraisal works at Eridu field includes a 3D seismic survey of 983 square kilometers to […]
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. In a meeting held Feb. 21, Najaf’s provincial council followed in the footsteps of Dhi Qar, Muthanna, Wasit and Diwaniyah and voted against the privatization of the electricity sector in […]
Russia's Rosneft group has started drilling its first exploration well at Block 12 in Iraq. The Salman-1 well will be drilled to the measured depth of 4,245 m through Kurra Chine target horizon to be followed by further testing of five prospective targets. The Company plans to complete drilling in July 2017. Company of Rosneft […]
Danish-based FLSmidth has signed a contract worth more than $200 million with the Iraqi Cement Company, to supply a total of 6,000 tonnes of cement per day to the production line for the Al Muthana region. The contract is a full EPC order, comprising engineering, all FLSmidth equipment supplies, erection and construction, as well as […]
The Ministry of Electricity of the Republic of Iraq (the MOE) herby announces issuing a Request for Proposal (PFP) in connection with the following tenders no. MOE/HQ/19/2016 for renewable Energy of 50 MW SAWA PV Power Plant Project on a (BOO) basis, Build, Own, Operate, at Al-Salman District, Al Muthana Governorate, Iraq. Tender Rules against […]
