The UK's Serious Fraud Office (SFO) has charged two individuals in relation to the Unaoil investigation. Ziad Akle (42) and Basil Al Jarah (68) have both been charged by requisition with conspiracy to make corrupt payments to secure the award of contracts in Iraq to Unaoil’s client SBM Offshore. Akle, who resides in London, was Unaoil’s […]
By John Lee. UK-based drilling and engineering contractor KCA Deutag has announced that it has been awarded a one year contract for two rigs to carry out land drilling operations in Southern Iraq. Its T-210 rig (pictured) will move from Oman to work along with the T-601, bringing the company's total number of rigs in […]
Iraq Britain Business Council holds successful Autumn Conference in Dubai Following on from the first Iraq Britain Business Council conference in Dubai in 2016, the IBBC was delighted to host its Autumn Conference in the UAE once again. The event was strongly supported by the UAE authorities. Alongside Baroness Nicholson, the UK Prime Minister’s Trade […]
By John Lee. The CWC Kurdistan-Iraq Oil and Gas conference, planned for London in December, has been postponed. The Kurdistan Regional Government (KRG) cited "the current logistical and other circumstances affecting the Kurdistan Region" for their request to reschedule the conference. CWC has said that new dates and venue will be announced shortly. (Sources: KRG, […]
Iraqi ministers intend to announce and discuss up to 60 intended projects at the IBBC summit conference this weekend in Dubai. In a surge of confidence, a number of Iraqi ministers will be unveiling a raft of infrastructure, oil, power and industrial projects across numerous industry sectors: Construction: Water treatment, waste water, housing, malls & […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Iraqi State Organization for Marketing Oil (SOMO) announced Nov. 2 that it is arranging with Turkey to allow SOMO to sell Iraqi crude from the disputed territories […]
The final statement from Frank Baker, UK Ambassador to Iraq. In this, Frank reflects on his 3.5 years in the role and discusses his hopes for Iraq’s future: After over three years in Baghdad I am moving on from my role as British Ambassador to Iraq. It has been an incredible journey, in a fascinating […]
The Secretary-General of the United Nations has appointed Alice Walpole of the United Kingdom as Deputy Special Representative for Political Affairs and Electoral Assistance of the United Nations Assistance Mission for Iraq (UNAMI). Ms. Walpole succeeds György Busztin of Hungary, to whom the Secretary-General is grateful for his dedicated service since 2011 in support of […]
Baroness Nicholson of Winterbourne, President of the Iraq Britain Business Council (IBBC) and UK Prime Minister’s Trade Envoy for Iraq, led a delegation of 25 IBBC member company representatives on a Trade Mission to Baghdad organised by IBBC Managing Director, Mr Christophe Michels and IBBC Co-Chairman and Iraq Representative, Mr Rasmi Al-Jabri. Delegates included representatives […]
Rebuilding Iraq is central to the agenda of the Iraq Britain Business Council (IBBC) autumn conference at The Address, Dubai Marina on 12th November. The opportunity for businesses in the region to engage in Iraq is reflected by the attendance of a number of high profile Iraqi Ministers: from Electricity, Transport, Oil, Construction and Housing, […]
Harlow International and its security companies achieve ISO 9001:2015 accreditation for meeting international quality standards Harlow International and its two security service companies, Al Murabit Security Services (“AMS-91”) and Al Thaware Security Services (“ATS-109”), have been awarded the ISO 9001:2015 accreditation. AMS and ATS are the first and only Iraqi security companies to be awarded […]
By John Lee. Iraqi Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has asked UK-based BP to develop the disputed Kirkuk oilfields. The move comes just a day after Baghdad regained control of the area from Kurdish forces. Control of the field remains split between the Kurdistan Regional Government (KRG) and Baghdad’s North Oil Company […]
