Tag Archives | Nassiriyah

BGR Abandons $246m Iraq Project

By John Lee. India's BGR Energy Systems has said it has decided to cancel a carryover contract value of $246 million relating to its contract to build a power plant in Nasiriya. The company won the contract for the 500-megawatt (MW) gas turbine plant in 2013. Iraq's Ministry of Electricity provided a letter of credit […]

Nassiriya Oil Project Auction Postponed

By John Lee. Iraq's oil ministry has again delayed an international tender for the development of its Nasiriya oil field and the construction of a new refinery, according to a report from Reuters. The auction for the Nassiriya Integrated Project will now take place on 19th June, have been originally scheduled for December, and then 23rd […]

BGR Energy Signs $246m Deal

By John Lee. BGR Energy Systems has signed a contract with the Ministry of Electricity for engineering, procurement and construction (EPC) of four 125-MW gas-fueled power project at Nasiriya. The Economic Times reports that the contract is valued at $246 million and includes the scope of engineering, procurement and construction services of BOP, civil works […]

Assessment of the Nasiriya Integrated Project Contract

By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi Ministry of Oil (MoO) prepared a complex contract commensurate with the structure and complexity of Nasiriya Integrated Project (NIP), to be offered in a bid round scheduled for December 2013. […]

Investment Opportunity in Nassiriya

By John Lee. Iraq's Ministry of Construction and Housing has announced an investment opportunity in the governorate of Nasiriyah to build a residential complex for Ministry staff and state employees. The project is located on a 250,000 m2 site on the island of Kushmarah, on the highway in the northern part of Nasiriyah city, adjacent […]

Iraq Shortlists 7 for Nasiriya Integrated Project

By John Lee. Iraq's Petroleum Contracts and Licensing Directorate (PCLD) has announced that seven international oil companies (IOCs) have been selected to bid for the development of its Nasiriya oilfield and refinery: Zarubezhneft, from Russia (Up and Downstream); CNPC, from China (Downstream); Brown Energy, from US (Downstream); Reliance Industries, from India (Up & Downstream); Lukoil, […]

Nassiriya Needs Entertainment Centres

By John Lee. Nassiriya suffers from a lack of facilities for family entertainment, which force most families to go to other provinces, mainly during eids and other holidays. Analysts and activists accuse the government of disregarding violation of "green zones" in Iraq. The Iraqi Housing Director, Bassam al-Jaberi, told Aswat al-Iraq news agency: "Nine years […]

Nassiriyah Oilfield and Refinery to be Offered as Single Contract

By John Lee. Iraq's Petroleum Contracts and Licensing Directorate, part of the Ministry of Oil, is preparing for a licensing round to develop the Al-Nasiriya oil field, and to build a refinery in the area. These will be considered as a single complete project, and qualified companies will soon be invited to tender. (Source: Ministry of […]

Iraq to Set Date Soon for Nassiriya Oil Field Bids

By John Lee. Abdul-Mahdy al-Ameedi, the director of the Iraqi oil ministry's contracts directorate, has said that Iraq will soon set a date for international oil companies (IOCs) to bid to develop the giant Nassiriya oilfield. The largely undeveloped field has estimated reserves of just under 5 billion barrels. According to information from Reuters, there […]