Tag Archives | Spain

Spain's Repsol Eyes Investments in Iraqi Kurdistan

According to a report from Reuters, Spain's Repsol is the latest large international oil company (IOC) to consider potential investments in the semi-autonomous Kurdish region of Iraq. Repsol's move, which risks it being blacklisted from investment in the rest of Iraq, follows recent investments in Kurdistan by U.S.-based Marathon Oil and Murphy Oil. Repsol has […]

Spanish Equipment Rental Company Moves Into Iraq

Spanish equipment rental company GAM (General de Alquiler de Maquinaria) has announced a major investment to enter the Iraqi market. Chief Operating Officer, Carlos Araoz, told IRN that the new depot in Erbil would be part funded using $20 million from an American source. "In Iraq I will not have Loxam or Lavendon competing with […]

Biggest Olive Groves in Middle East - in Diyala!

Diyala's provincial government says that Spanish companies have submitted bids to establish the biggest olive plantation in the Middle East. According to a report from Al SumariaTV, the groves would cover an area of 50,000 donums, which equates to 12,500 hectares, or about 31,000 acres. The same source said that an Emirati company and an […]