Sunday 11 December 2016
 
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Iraq

GE, Trade Bank of Iraq, StanChart sign MoU

GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing memorandum of understanding (MoU) to accelerate the development of power and infrastructure projects in Iraq. The agreement also underlines the

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Opec strikes 'deal on first production cut in 8 years'

The Organization of Petroleum Exporting Countries has reached a deal to cut production by 1.2 million barrels per day (bpd) - its first output cut since 2008 - to clear a record global crude glut, said a report, citing sources. Op

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General Dynamics wins $65m Iraq contract

Iraq has awarded US-based General Dynamics Land Systems a $65.29 million cost-plus-fixed-fee foreign military sales contract for contractor logistic support and training for M1A1 tanks and M88A2 recovery vehicles, said a report. G

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Iraq to offer new proposals for Opec oil accord

Iraq will offer three new proposals at the Opec meeting in Vienna, Austria on November 30 to discuss implementing an Opec accord to cut output, a senior government official said. The options will be consistent with Opec policy and

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Protechnique wins $80m Iraq water project deal

Protechnique, an international contractor in the fields of water and waste water treatment, healthcare, and oil and gas supply, has been awarded a $80-million contract for the engineering, procurement and construction (EPC) of the Basra water pu

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Iraq postpones oil bidding round to mid-2017

Iraq is postponing a bidding round for 12 small- and medium-sized oil fields, a report said. “Following to the previous Ministry of Oil Announcement dated October 23 concerning its intention to lunch a Project for the develo

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Iraq postpones oil bidding round to mid-2017

Iraq is postponing a bidding round for 12 small- and medium-sized oil fields, a report said. “Following to the previous Ministry of Oil Announcement dated October 23 concerning its intention to lunch a Project for the develo

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Iraq to invite foreign firms for desal project

The South Oil Company (SOC) of Iraq is expected to invite international companies to execute its sea water desalination project. Iraqi Oil Minister Jabar Ali Al-Luaibi has directed the company to invite foreign firms to undertake

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Iraq to invite foreign firms for desal project

The South Oil Company (SOC) of Iraq is expected to invite international companies to execute its sea water desalination project. Iraqi Oil Minister Jabar Ali Al-Luaibi has directed the company to invite foreign firms to undertake

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Iraq to invite foreign firms for desal project

The South Oil Company (SOC) of Iraq is expected to invite international companies to execute its sea water desalination project. Iraqi Oil Minister Jabar Ali Al-Luaibi has directed the company to invite foreign firms to undertake

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