Tag Archives | Nebras petrochemical project

KBR begins Feasibility Study for giant Iraqi Petrochemicals Project

By John Lee. The Iraqi Ministry of Planning, in collaboration with the Ministries of Oil and Industry and Minerals, has launched a feasibility study for the strategic Al-Nibras [Nebras] Petrochemicals Project in Basra. Consultancy firm KBR has been appointed to conduct a comprehensive technical and economic review to map an optimal implementation path, building on […]

KBR expresses Interest in Iraqi Petrochemical Project

By John Lee. The President of the Sustainable Technology Solutions division of KBR, Jay Ibrahim, met with Iraqi Prime Minister Mohammed Shia' al-Sudani during his visit to Texas. According to a statement from the Prime Minister's Office, the meeting focused on expanding cooperation in natural gas development, government efforts to reduce carbon emissions, and partnerships […]

Corruption "Costs Iraq Another Massive Opportunity"

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Endemic Corruption Costs It Another Massive Oil and Gas Opportunity British supermajor Shell last week exited Iraq's potentially game-changing US$11-billion Nebras Petrochemical Project. Shell signed the NPP deal, having […]

Shell Quits Nebras Petrochemical Project

By John Lee. British oil and gas company Shell has withdrawn from the proposed $11-billion Nebras [Nibras] petrochemical project in Basra. According to Argus Media, the company said it made the decision, "after in-depth evaluation on the feasibility of the Nebras integrated petrochemicals complex with our government partners." The company added: "This decision is in […]

Coordination Meeting on Industrial Strategies in Iraq

By John Lee. Minister of Industry and Minerals, Dr. Khaled Batal Al-Najm, led the fourth coordination meeting on industrial affairs on Thursday, January 4th. The meeting, attended by Dr. Hamoudi Abbas, the Prime Minister's Industry Affairs Advisor, and representatives from various ministries and organizations, discussed key agenda items. The session began with a review of […]

Can Iraq Finally Become a Petrochemicals Powerhouse?

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq Finally Become A Global Petrochemicals Powerhouse? With its vast oil and gas resources, there is no fundamental reason why Iraq cannot become a world-class producer of high-value petrochemicals. […]

Iraq Urges Swift Implementation of Nebras Petrochemical Project

By John Lee. Iraq's Deputy Minister of Oil for Gas has emphasized the importance of expediting the implementation of the Nebras [Nibras] Petrochemical Project. During a meeting held at the Ministry of Oil's headquarters, discussions revolved around reviewing the preliminary report by a global consultant regarding the project's components, economic feasibility study, and the necessary […]

Aramco Eyes Major Opportunity In Iraq

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Aramco Eyes Major Opportunity In Iraq Following the recent China-brokered resumption of relationship deal between historical enemies Saudi Arabia and Iran, a deal for the Kingdom to develop two key […]

Saudi Aramco to Invest in Iraqi Gas Field

By John Lee. [Correction: After publication, the Oil Ministry issued a "clarification", stating that Aramco is merely "studying cooperation mechanisms" with regard to Akkas.] Iraq's Minister of Oil has announced an agreement with Saudi Aramco to invest in the development of the Akkas gas field in Anbar province. During his participation in the Iraqi-Saudi Coordination […]

Will Iraq Finally Revive this Mothballed Megaproject?

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq Finally Revive This Mothballed Megaproject? For several years now, Iraq has been able to access all the technology required to turn part of its abundant crude oil and/or […]