Underlining its commitment to help strengthen Iraq’s energy infrastructure, GE Oil & Gas has established a new technology and service center near Basra City. The facility, which was opened earlier this month, brings the latest GE ...
Tags: Oil Production, GE, Oil, Gas
International developer EPGI has announced that they have been awarded the development management contract to develop and build the new Basra Oil and Gas International Free Zone in Iraq. The project is the second largest of its kind in ...
Tags: EPGI, Oil, Gas Project
Reuters reports that Iraq has sweetened the terms for oil contract buyers and is becoming more competitive on pricing. Oil Minister Abdul Kareem Luaibi [Elaibi], who met customers in Vienna last month on the sidelines of the OPEC meeting, ...
Prime Minister Nouri al-Maliki held talks with ExxonMobil chief Rex Tillerson (pictured) on Monday. AFP reports that the meeting was the first between the two since the firm signed an oil exploration agreement with Kurdistan in October ...
Tags: Maliki, Exxon Boss, Rex Tillerson, oil exploration agreement
The China Petroleum Pipeline (CPP) company is said to be close to winning a $650-million contract to build a pipeline linking the southern oilfields in Maysan province to the al-Fao [al Faw] storage depots. The chief of state-run Maysan ...
Tags: China, Iraq, Oil Pipeline
The United Kingdom’s Trade Minister Lord Green met with local business leaders, British company executives, as well as the Iraq Britain Business Council representatives in Basrah today (23rd). The hour long meeting focussed on the ...
The province of Basra has awarded Dewan Architects and Engineers the contract to design the sprawling Al Nakheel City, for which the foundation stone was recently laid. As a modern urban development, the Al-Nakheel City is expected to ...
Tags: Basra, Dewan Architects, Engineers
By John Lee. Oil exports from Iraq’s southern Basra terminals were restored to 2.35 million barrels on Saturday bad weather on Friday, according to a report from The National. Output was said to have fallen to just 1.32 million ...
Tags: Oil Exports, Iraq, crude oil, oil industry
Iraq said on Wednesday that it is ready to host the 2015 Gulf Cup of Nations,with new facilities almost ready for the first football tournament to be held in the country since the US-led invasion in 2003. The 2013 tournament,currently ...
Tags: Iraq, football tournament, security, Gulf Cup
The first day of Iraq’s fourth energy auction resulted in just one successful bid, with four of the today’s six exploration fields receiving no bids from the 47 pre-qualified bidders.. A consortium of Kuwait Energy (40%), ...
Tags: first day, Iraq, energy auction, oil
Amarinth, a leading company specialising in the design, application and manufacture of centrifugal pumps and associated equipment to Oil & Gas, petrochemical, chemical and industrial markets, has won its first order in Iraq to supply 12 API ...
Tags: Amarinth, Oil, Gas, petrochemical, chemical, industrial markets
By John Lee. Informed sources in Basra claim that the provincial government intends to open a border crossing with Saudi Arabia with the aim of increasing exports. Both NINA news agency and Aswat al-Iraq report that the crossing will be ...
Tags: Basra, Saudi Arabia, exports, economy
By John Lee. Iraq’s Minister for Electricity has signed a $74-million contract with France’s Schneider Electric to install 20 electricity substations in four southern provinces. Ministry’s spokesperson Musaab ...
Tags: Iraq, Electricity, Iraq economy, energy
Centrifugal pump manufacturer Amarinth has won its first order in Iraq. Amarinth will supply 12 API 610 OH2 A-Series pumps for the produced water treatment package for the Zubair Initial Production Facility in Basra in southern Iraq. ...
Tags: Amarinth, pump, Iraq, company news
Mawtani reports that the Iraqi government has approved the construction of a private free-trade zone south of Baghdad. Sabah al-Qaisi(pictured),the chairman of the Ministry of Finance's General Commission for Free Zones,told Mawtani: ...