The Iraq Britain Business Council (IBBC) held its bi-annual Council Meeting on 30 January, followed by a Reception & Dinner for IBBC members and guests. Both the meeting and the reception and dinner were hosted by Baroness Nicholson of Winterbourne, President of IBBC and Trade Envoy to Iraq, Azerbaijan, Kazakhstan and Turkmenistan. The Meeting was […]
The UK's Minister of State for Trade and Export Promotion, Baroness Rona Fairhead (pictured), has announced $210.8 million in support from UK Export Finance (UKEF) for the second project agreed under the UK-Iraq infrastructure Memorandum of Understanding. The contracts with the Ministry of Electricity in Iraq, valued at $220 million, will see GE Global Services UK upgrade […]
The UK Government has donated an additional 1 million GBP (1.3 million USD) to the United Nations Mine Action Service (UNMAS), increasing the UK total contribution to 14.2 million GBP (20 million USD). The additional funding will boost UNMAS support to stabilization efforts by increasing survey and clearance of critical infrastructure in liberated areas. This […]
On 21st and 22nd January the Iraq Britain Business Council (IBBC) Deputy Chairman Mr Rasmi Al Jabri and Managing Director Mr Christophe Michels visited Baghdad. They met with Dr Abdulkariem Faisal, Chairman of the Prime Minister’s Advisory Commission to discuss the upcoming Spring Conference in London on 24 April and plans for a conference in […]
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has signed on Thursday a memorandum of understanding with BP to rehabilitate the oil fields in Kirkuk governorate. Michael Townsend, CEO of BP, said that the company is going to prepare the necessary studies to increase production at the Kirkuk oil fields to 750,000 bpd. […]
By Padraig O'Hannelly. HRH The Prince of Wales has paid tribute to the work of the AMAR International Charitable Foundation on the occasion of its 25th anniversary. Addressing the celebration in London's Lancaster House on Wednesday, Prince Charles said: "Today is an opportunity to honour the work of the remarkable AMAR teams ... whose professionalism has […]
On 29 November 2017 the British Prime Minister became the first major foreign leader to visit Iraq since the fall of Mosul, announcing the UK’s commitment to addressing the evolving threat from Daesh and countering the dispersal of foreign fighters as Daesh is squeezed out of the battlefield in Syria and Iraq. Speaking to British […]
By John Lee. Restrata has been awarded a National Communications and Media Commission (CMC) licence to sell and maintain GPS tracking systems in Iraq. The CMC Licence for GPS Tracking is an Iraq Government mandate and is being enforced locally through inspection teams running compliance checks on both vendors of GPS tracking systems, and their […]
By John Lee. The Iraq Britain Business Council (IBBC) has welcomed three new members, bringing its membership to 59 companies. Menzies Aviation: An independent, time-critical logistics specialist serving the airline industry to the highest standards. At more than 200 airport locations across 6 continents, Menzies offer landside and airside services tailored to customers’ needs; timed […]
By John Lee. Reuters has reported that both BP and Eni have expressed an interest in developing the giant Majnoon oilfield, which Shell plans to exit next year. Iraqi oil officials told the news agency that Iraq's Ministry of Oil has not yet started negotiations with either company. BP is currently developing the Rumaila field, […]
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 […]
