Tag Archives | Sharjah

Capacity Building for Reconstruction of Mosul's Cultural Heritage

UNESCO and ICCROM (The International Centre for the Study of the Preservation and Restoration of Cultural Property) sign an agreement on capacity building for the reconstruction of Mosul's cultural heritage. ICCROM, through its Regional Conservation Office in Sharjah (UAE), will provide a two-year capacity building programme for professionals and craftspeople to contribute to the reconstruction […]

Dana Gas sees 52% Growth in Kurdistan Ops

Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, announced that in the first nine months of 2019 collections in Egypt, the UAE and from its share of Pearl Petroleum Company Limited's sales in the Kurdistan Region of Iraq (KRI), increased 16.7% year on year to $230 million (AED 844m). Dana […]

Damen delivers Tugs for Iraqi Ports

On 20th October, a handover ceremony was held at Albwardy Damen, in Sharjah, UAE, marking Damen’s delivery of thirteen tugs to Jawar Al Khaleej Shipping. The tugs will be operated at various offshore terminals in Iraq, in a joint cooperation between Jawar Al Khaleej Shipping and General Company for Ports of Iraq (GCPI). The contract for […]

Iraq could surpass Saudi Arabia in Oil Production

By Padraig O'Hannelly. A senior oil executive has predicted that Iraq could surpass Saudi Arabia as an oil producer. Addressing delegates at CWC's Iraq Petroleum conference in London, Majid Jafar (pictured), CEO of Sharjah-based Crescent Petroleum, said: "Iraq is hugely underexplored. We at Crescent know of 300 structures just in the Western Desert that have […]

Iraq Britain Business Council welcomes 4 New Members

By John Lee. The Iraq Britain Business Council (IBBC) has welcomed four new members, bringing its membership to 71 companies: Crescent Petroleum: Sharjah-based Crescent Petroleum is the only foreign oil and gas company to maintain a continuous presence in Iraq for three decades, and is the largest private oil and gas investor in the Kurdistan […]

Dana Gas Doubles Sales in Iraqi Kurdistan

By John Lee. Sharjah-based Dana Gas has announces that during Q1 2019, Pearl Petroleum has received $112 million (AED 411mm) from the sale of condensate, LPG and gas in the Kurdistan Region of Iraq (KRI). Dana Gas is a 35% shareholder in Pearl Petroleum and accordingly, its share of such receipts by Pearl Petroleum is […]

Dana Gas Boosts Production in Kurdistan

By John Lee. Sharjah-based Dana Gas has announced that its average production for Q1 2019 has increased by 6% year-on-year to 68,700 boepd from 65,000 boepd in Q1 2018. The first quarter production increase was led by the Kurdistan Region of Iraq (KRI), which leapt to 32,750 boepd in Q1 2019 from 26,300 boepd in […]

Dana Gas Increases Production in Iraq

Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, announces that as a result of the ramp up of production from its debottlenecking project in the Kurdistan region of Iraq, its group production reached 70,000 barrels of oil per day (boepd) on the 19 November and has since been sustained above […]

Air Arabia launches fourth Iraqi Destination

Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), has announced the launch of non-stop service to the city of Sulaymaniyah in the north of Iraq. The new service from the carrier’s primary hub in Sharjah marks Air Arabia’s fourth destination in Iraq and 152 worldwide. From November 6, 2018, […]

Dana Gas gets $44m from KRG in 1H

By John Lee. Dana Gas has said it has received $43.8 million in dividends from Pearl Petroleum Company Limited for condensate and LPG sales in the Kurdistan Region of Iraq (KRI) in the first half of 2018, including a $7 million payment for the month of June. The company added that the capacity to process […]

Ducorr completes Corrosion Protection work at Majnoon

By John Lee. Sharjah-based Ducorr has reportedly completed the design and deployment of a cathodic protection system for Shell’s Majnoon oil field. Construction Week Online quotes company sources as saying that the flowlines were buried in very corrosive soil, hence the need for protection. (Source: Construction Week Online)

Crescent Petroleum hopes to Expand in Iraq

By John Lee. Sharjah-based Crescent Petroleum plans to expand further in Iraq, according to a report from The National. The newspaper quotes chief executive Majid Jafar (pictured) as saying: "What we see in the region is the potential is much higher than what we’ve achieved so far." In Iraq, the company is said to be […]