By John Lee. Iraq has reportedly reached an agreement with US engineering firm KBR to help manage projects to develop production capacity at the Majnoon oilfield. Shell is preparing to exit the Majnoon oilfield by the end of June 2018, handing it over to the state-run Basra Oil Company (BOC). Ihsan Abdul Jabbar, the head […]
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has announced an agreement with an American company to invest in the flare gas associated with the Nahr Bin Umar oil field in Basra governorate. The Ministry names the company as "Oren", but Iraq Oil Report identifies it as the Houston-based Orion Gas Processors. A […]
By John Lee. Iraq's Petroleum Contracts and Licensing Directorate (PCLD) has announced the five additional companies have been approved to bid for Iraq's "borderline onshore & offshore exploration blocks & fields." The companies are listed as: Dana Gas (UAE) Dragon Oil (UAE) Geo-Jade Petroleum (China) Schlumberger (USA) Zarubezhneft (Russia) Eight companies had applied for approval. […]
Coalition and partnered forces are building upon progress in Iraq and Syria to defeat the Islamic State of Iraq and Syria, the director of press operations at the Pentagon told reporters here today. Recent developments include Iraqi forces securing more than 20 improvised explosive devices and bombmaking materials in Baghdad, Army Col. Rob Manning said. […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria between Dec. 29, 2017, and yesterday, conducting 58 strikes consisting of 84 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported on Friday. Officials reported details of the most recent strikes, noting that assessments of results are based on […]
US-based Jacobs has signed a Memorandum of Understanding (MOU) with the Iraq Oil Company to explore mutual benefits of cooperation in the region of Basra, Iraq. The vast majority of Iraqi oil production takes place in Basra. Iraq Oil Company is looking for business partners based in the Kingdom of Saudi Arabia to support economic […]
The first group of Iraqi Border Guard Force members graduated today from a 12-day program conducted by members of the Combined Joint Task Force Operation Inherent Resolve in Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported today. The coalition works by, with and through its Iraqi partners to ensure the lasting defeat of […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria between Dec. 18 and yesterday, conducting 11 strikes consisting of 21 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the most recent strikes, noting that assessments of results are based on initial reports. […]
By Kamal Chomani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Trying to jump-start discussions with Iraq's central government, the Kurdistan Regional Government (KRG) in Erbil recently announced it will respect the Iraqi Federal Court's ecision that the KRG independence referendum was unconstitutional. But Baghdad has amplified its demands for opening a dialogue, which […]
USAID Counselor Thomas H. Staal, a former USAID Iraq Mission Director and now one of the agency’s top officials, returned to Iraq December 5-10 to advance U.S. efforts to help Iraq’s most vulnerable communities following the defeat of ISIS. While in Baghdad, Staal met with government officials including Dr. Mahdi al-Allaq, Secretary General of the […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria between Dec. 11-14, conducting 42 strikes consisting of 53 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the most recent strikes, noting that assessments of results are based on initial reports. Strikes in […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria over the last three days, conducting 14 strikes consisting of 27 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the most recent strikes, noting that assessments of results are based on initial reports. […]
