Tag Archives | SRC

Ministerial Energy Council urges Progress on Refineries

By John Lee. At the most recent meeting of Iraq's Ministerial Energy Council, headed by Oil Minister Ihsan Abdul-Jabbar Ismail, the Council decided that the South Refineries Company (SRC) should "take the necessary steps" to develop the Shuaiba refinery in Basra Governorate. It also urged the acceleration of work on the 140,000-bpd Karbala oil refinery, […]

Axens to support Basrah Refinery Upgrading Project

By John Lee. French-based Axens -- part of the IFP Energies Nouvelles group -- has said it is pleased to continue working with JGC Corporation on the Basrah Refinery Upgrading Project. Earlier this month, Prime Minister Mustafa Al-Kadhimi laid the foundation stone for the $4bn-project. In a statement, the company said: Part of Iraq's Ministry […]

Chinese Consortium to Develop Dhi Qar Refinery

By John Lee. Iraq's Ministry of Oil has signed an outline agreement with a Chinese consortium for the development of the Dhi Qar refinery. A Ministry official described the signing of the initial principles agreement as an important step forward, and a prelude to the signing of the final investment contract for the Dhi Qar […]

JGC signs Contract for Basra Refinery Upgrade

By John Lee. Yesterday (Thursday), the South Refineries Company (SRC) and Iraq's Ministry of Oil (MOO) signed the contract with Japan's JGC Corporation to start construction of a new Fluid Catalytic Cracking (FCC) Complex at Basrah Refinery. The project is funded by the Japan International Cooperation Agency (JICA)'s ODA (Official Development Assistance) loan project. The […]

Japanese Firm awarded $3.7bn Iraq Deal

JGC Holdings Corporation announced today that JGC Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, has been received the Letter of Award for the Basrah Refinery Upgrading Project for an Iraqi oil refining company under the Iraqi Ministry of Oil. Details of the project are as follows.   […]

Technip wins Basra Refinery Contract

By John Lee. France's Technip, in partnership with UNICO, a Japanese engineering consultant, has been awarded a Project Management Consultancy (PMC) contract on a reimbursable basis, for the upgrading of the Basra refinery. This contract, awarded by Ministry of Oil's South Refineries Company (SRC), covers the engineering, procurement, construction, commissioning, start-up and warranty management phase […]