By John Lee. The Ministry of Oil is to postpone a bidding round for 12 small- and medium-sized oil fields, following criticism of the plans by experts including IBN Expert Blogger Ahmed Mousa Jiyad. In a statement, the Ministry's Petroleum Contracts and Licensing Directorate (PCLD) said: "Following to the previous Ministry of Oil Announcement dated […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Ministry of Oil should withdraw its plan to offer 12 new oilfields. In a rather surprise move, the Ministry of Oil (MoO) announced its “intention” to offer 12 medium and small […]
By John Lee. Iraq's Ministry of Oil has requested proposals from international oil companies interestsed in developing a number of small- and medium-sized oil fields. The fields concerned are: Sindebad (Basra governorate); Umm Qasr [Um Qaser] (Basra governorate); Rachi (Basra governorate); Abu Khema (Basra governorate); Kumait (Missan governorate); Noor (Missan governorate); Umara (Missan governorate); Dema […]
By John Lee. Syscom 18, the Romanian-based system integrator for the oil and gas sector, is reported to be "grappling with" the effects of the ongoing conflict in Iraq. General Manager Ion Andronache told Business Review that projects worth “several millions of euros annually” are at risk and could have a negative impact on its turnover. […]
The Romanian Ambassador to Iraq, Mr Jacob Prada, met with Minister Falah Mustafa today to discuss ways to further develop ties with the Kurdistan Region of Iraq. The meeting took place a day after the Romanian Consular Office hosted their first National Day celebration in Erbil. Also present in the meeting was the Assistant Head […]
The Head of the Department of Foreign Relations, Minister Falah Mustafa, this week welcomed Mihaita Ena, the new Head of Romania’s Consular Office in Erbil and expressed his hope of seeing more interaction between their two countries. Minister Mustafa congratulated Mr Ena on his appointment and assured him of the Department’s readiness to work closely […]
By John Lee. Foreign Minister of Romania, Mr. Titus Kurlaan, received the Iraqi Foreign Minister Hoshyar Zebari and his accompanying delegation on Thursday. Minister Zebari and his team were on an official visit to Romania to celebrate the 55th anniversary of the establishment the diplomatic relations between the two countries. The two sides held talks […]
By John Lee. A delegation from Erbil has visited the city of Brasov in Romania. Led by Deputy Governor Tahir Abdullah, the business group discussed the establishment of direct transport links from Erbil to Bucharest, and the provision of visas at the Romanian consulate in Erbil. Furthermore they addressed the issues of tourism and the participation […]
By Matthew Gayle. The Iraqi government has signed a memorandum of understanding (MoU) with Romanian railcar producer Astra to establish a joint railway company based in Iraq. According to Al-Shorfa, the Iraqi-Romanian company, which will specialize in producing trains, will be based in al-Samawa, southern Iraq. The company will also focus on rehabilitating the train […]
By John Lee. Syscom 18, the Romanian company specialising in industrial automation and measuring systems, has won a contract worth three million euros in Iraq. The project involves the "design, construction, installation, electrical and automation side and starting operations of 40 fiscal metering systems", to be integrated into two power plants; project completion is scheduled […]
Romanian Foreign Minister Titus Corlăţean concluded an official visit to the Kurdistan Region yesterday in which he met with KRG Prime Minister Nechirvan Barzani and officially opened the Consular Office of the Romanian Embassy in Erbil. The Foreign Minister expressed admiration for the political and economic developments in the Kurdistan Region and said that the […]
By John Lee. His Excellency Prime Minister Nouri Al-Maliki met the Romanian Foreign Minister Mr. Titus Corlăţean at his office on Sunday. The Prime Minister called for increasing cooperation between the two countries at various levels, stressing Iraq’s readiness to develop its long standing relations with Romania in all areas, especially in the fields of […]
