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  • Wolverine's Avatar
    Today, 10:50 PM
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  • Investors Iraq News's Avatar
    Today, 05:43 PM
    DNO ASA, the Norwegian oil and gas operator, today announced a two-thirds increase in production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 25,000 barrels of oil per day (bopd) following completion of the Peshkabir-4 well testing program. The well has been placed on production at a rate of 10,000 bopd through a 72/64″ choke with 790 psi wellhead pressure through temporary, capacity-constrained test facilities and the oil trucked to Fish Khabur for export. The Peshkabir-4 well was designed as a high angle well to assess the central part of the structure four kilometers west of the Peshkabir-3 well and drilled to a measured depth of 3,525 meters, including a 1,150 meter extended reach reservoir section. A total of 11 zones were tested and flowed between 1,500 bopd and 7,000 bopd per zone. The next well in the 2018 field development campaign, Peshkabir-5, has been drilled seven kilometers west of Peshkabir-3 and has successfully proved the westward extension of the field. Completed in June, it is currently undergoing final testing; a total of four zones have been tested so far and flowed between 4,000 bopd and 7,500 bopd per zone. DNO will bring this well onstream in August and expects to reach and surpass its previously announced summer 2018 Peshkabir production target of 30,000 bopd. “The pickup in Peshkabir production puts new meaning to the fast in fast track in development of this field by the DNO team,” said Bijan Mossavar-Rahmani, DNO’s Executive Chairman.* “And we expect Peshkabir to continue to surprise to the upside,” he added. Two other wells, Peshkabir-6 and Peshkabir-7, are drilling ahead at 3,900 meters and 3,100 meters, respectively. Peshkabir-6, a near vertical well, will explore the field’s deeper Triassic formation and establish the Cretaceous oil/water contact level. Peshkabir-7 is a high angle producer well located between Peshkabir-4 and Peshkabir-5. The Peshkabir field was brought on production in 2017 and two drilled wells last year, Peshkabir-2 and Peshkabir-3, have produced at a constant combined rate of around 15,000 bopd. DNO operates and has a 75 percent interest in the Tawke license, which contains the Tawke and Peshkabir fields, with partner Genel Energy plc holding the remainder. Together, output from the two fields has averaged 106,000 bopd year-to-date. (Source: DNO) Source: Iraq-BusinessNews.com. Post your commentary below.
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  • Investors Iraq News's Avatar
    Today, 05:43 PM
    The Iraq Britain Business Council (IBBC) has announced that OILSERV has joined the Council. OILSERV is an independent Oilfield Service Company founded with the purpose of providing world class solutions to clients operating across the Middle East and North Africa. OISERV’s comprehensive range of business lines covers the full life cycle of oilfield services, from exploration drilling and logging to constructing surface production facilities, and from integrated project management to end-of-life field production and maintenance. Their technical experts, working in close collaboration with the Integrated Oilfield Services team, enable OILSERV to the be a highly effective drilling and work-over turnkey partner for their clients. OILSERV has been actively supporting the Iraqi Oil and Gas industry since its inception and has become a key contributor to the communities where it operates as well as recruiting and developing hundreds of graduates from local university and technical colleges. (Source: IBBC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 18 view(s)
  • Investors Iraq News's Avatar
    Today, 05:43 PM
    By Hussein Al-alak. Running with history, for modern education across IraqOn Thursday 19th July, myself and Tracy Hollowood are taking part in the Run Media City 5K – to raise awareness of the educational achievements and mental health services of the AMAR Foundation in Iraq. This run is different to my involvement on the Great Manchester Run in May – as this time we are paying tribute to the North of England’s relationship, with Iraq and the wider Middle East. As John F Kennedy stated; “geography has made us neighbours” and “history has made us friends”. The reasons for this start with Notitia Dignitatum, a Roman document from around AD400, which describes how Roman Mesopotamian’s -modern day Iraqi’s- patrolled the UK’s South Shields, whilst bargemen from Iraq’s famous Tigris River once patrolled the River Tyne. I have laughed with Tracy about our “Anthony and Cleopatra” 5K run for AMAR but when General George Keppel was travelling along Iraq’s Tigris River in 1824, he painted vivid descriptions of boatmen who resembled the “ancient heroes of Greece and Rome“. It’s not just Britain’s occupation under the Roman Empire, which establishes a historic link between the North of England and Iraq. Archaeologist, spy and creator of “modern Iraq” Gertrude Bell – was born and raised in the North East – infact Washington – part of historic County Durham. Further tributes to Britain’s relationship with the region, are acknowledged by the arrival of Siegfried Sassoon’s grandfather from Basra to Manchester in 1858. The famous historian of Lebanese descent Albert Hourani, was also born in Manchester but in 1915. Author of “A History of the Arab Peoples”, Albert Hourani’s book has been described by Harvard University Press – as being “the definitive story of Arab civilisation” which became “an instant classic”upon publication. It was Maya Angelou who said “the more you know of your history, the more liberated you are” and growing up, I was fortunate to be raised in a mixed heritage family, where an understanding of history was appreciated and a study of history encouraged. I was incredibly fortunate to have a grandmother, who was born in 1917 and raised in Newcastle during the Great Depression. My grandmother could recall the many struggles that families went through, during the economic downturn of the 1930’s, prior to the creation of the Welfare State. I was also lucky to have a grandfather, who was born in Manchester’s Moss Side in 1907 and in 1945; was among the British forces who helped liberate the Bergen-Belsen Concentration Camp. In post-war Britain, my grandfather then took an active role in helping with the city’s reconstruction, as a member of Manchester City Council. After attending the AMAR Foundation’s recent dinner at the Foreign Office, I visited Great Uncle Ron Fisher, who as a member of Britain’s merchant navy, lost his life when the Empire Gilbert ship was torpedoed in 1942. Uncle Ron’s name at-least, now rests on the Tower Hill Memorial, facing the Tower of London. As world events “have rumbled on since those gagged days”, the past would never have known that in 2018, taking part in the Run Media City 5K and asking for help to advance AMAR’s efforts in education, would be following a family tradition in rebuilding lives after war. Because of reforms brought in by the British Government, following the Allied victory in World War Two, education became accessible for all children, allowing for my grandparents to raise children in a post-war environment, which enabled them to pursue a college and university education. Those same reforms also allowed for Uncle Ron’s widow, my great Aunt Jean and her second husband David (a veteran of the Merchant Navy), to dedicate their lives, to educating young people in a private boarding school. The young people they taught had been excluded from the mainstream education system. Whilst at the AMAR Foundation’s dinner at the Foreign Office, Lord Mark Price praised the efforts of Baroness Emma Nicholson – AMAR’s founder and chairperson – along with praising everyone who has helped AMAR remain a tour de force for 25 years. Lord Price gave mention to the fact, AMAR has helped educate 5 million people across Iraq, with each person having experienced conflict or the loss of loved ones as a result. The people educated by AMAR are diverse and their circumstances often reflect the country’s recent history with conflict. But AMAR also recognise, the future does not have to be determined by Iraq’s recent past, as it was once stated “they who ignore history are destined to repeat its mistakes”. This determination, is something that we can only carry with us but it’s something that only we the people can also change. Hussein Al-alak is the editor of Iraq Solidarity News (Al-Thawra). To support Hussein and Tracy on the Run Media City 5K, they are asking that people donate to the AMAR Foundation: please click here. Source: Iraq-BusinessNews.com. Post your commentary below.
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  • Investors Iraq News's Avatar
    Today, 05:43 PM
    From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. For two weeks, demonstrators have gathered in southern Iraq to protest against the lack of access to electricity, clean water, and jobs. Protesters have said that they are organising peacefully and the response of the security forces has been excessive, after at least eight people have been killed. The government in Baghdad has promised to address the protesters’ concerns, but many say that they don’t trust any of Iraq’s politicians. Al Jazeera‘s Osama Bin Javaid reports: Source: Iraq-BusinessNews.com. Post your commentary below.
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  • Investors Iraq News's Avatar
    Today, 05:43 PM
    Combined Joint Task Force Operation Inherent Resolve and its partners have accelerated offensive activity against Islamic State of Iraq and Syria targets in designated parts of Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Operation Roundup Operation Roundup, which began May 1 to accelerate the defeat of ISIS in the Middle Euphrates River Valley and Iraqi-Syrian border region, has continued to gain ground and remove terrorists from the battlefield through offensive operations coupled with precision coalition strike support. The coalition and its partner forces operations are exerting pressure on ISIS senior leaders and associates, as well as degrading, disrupting and dismantling ISIS organizational structures throughout Iraq and Syria. Operation Roundup will continue to target ISIS remnants as the coalition remains committed to the lasting defeat of ISIS to increase peace and stability in the region, and to protect coalition homelands from ISIS’s terrorist threat, officials said. Between July 9-15, coalition military forces conducted 14 strikes, consisting of 16 engagements, in Iraq and Syria: Strikes in Syria There were no reported strikes conducted July 14-15 in Syria. On July 13, coalition military forces conducted two strikes consisting of two engagements against ISIS targets near Abu Kamal. The strikes engaged an ISIS tactical unit and destroyed an ISIS vehicle, an ISIS fighting position and an ISIS logistics hub. On July 12, coalition military forces conducted four strikes consisting of four engagements against ISIS targets near Abu Kamal. The strikes engaged an ISIS tactical unit and destroyed an ISIS logistics hub, an ISIS fighting position, an ISIS supply route and two ISIS-held buildings. On July 11, coalition military forces conducted two strikes consisting of two engagements against ISIS targets near Abu Kamal. The strikes destroyed two ISIS supply routes. On July 10, coalition military forces conducted a strike consisting of one engagement against ISIS targets near Abu Kamal. The strike engaged an ISIS tactical unit and destroyed an ISIS vehicle. On July 9, coalition military forces conducted two strikes consisting of two engagements against ISIS targets near Abu Kamal. The strikes engaged an ISIS tactical unit and destroyed an ISIS logistics hub and two ISIS fighting positions. Strikes in Iraq There were no reported strikes conducted July 10-15 in Iraq. On July 9, coalition military forces conducted a strike consisting of three engagements against ISIS targets near Diyala. The strike engaged an ISIS tactical unit and destroyed two ISIS motorcycles, an ISIS-held building, an ISIS vehicle and an ISIS supply cache. Part of Operation Inherent Resolve These strikes were conducted as part of Operation Inherent Resolve, the operation to destroy ISIS in Iraq and Syria. The destruction of ISIS targets in Iraq and Syria also further limits the group’s ability to project terror and conduct external operations throughout the region and the rest of the world, task force officials said. The list above contains all strikes conducted by fighter, attack, bomber, rotary-wing or remotely piloted aircraft; rocket-propelled artillery; and ground-based tactical artillery, officials noted. A strike, as defined by the coalition, refers to one or more kinetic engagements that occur in roughly the same geographic location to produce a single or cumulative effect. For example, task force officials explained, a single aircraft delivering a single weapon against a lone ISIS vehicle is one strike, but so is multiple aircraft delivering dozens of weapons against a group of ISIS-held buildings and weapon systems in a compound, having the cumulative effect of making that facility harder or impossible to use. Strike assessments are based on initial reports and may be refined, officials said. The task force does not report the number or type of aircraft employed in a strike, the number of munitions dropped in each strike, or the number of individual munition impact points against a target. (Source: US Dept of Defense) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 19 view(s)
  • Wolverine's Avatar
    Today, 05:31 PM
    Iraq says oil production remains stable amid protests By Khalid Al-Ansary on 7/16/2018 Iraq says oil production remains stable amid protests By Khalid Al-Ansary on 7/16/2018 BAGHDAD (Bloomberg) -- Iraq is pumping oil at normal levels even as protests spread across the southern region from where OPEC’s second-biggest producer exports most of its crude, according to a government spokesman. “Production and exports from southern Iraq are stable as per normal levels,” Oil Ministry spokesman Asim Jihad said by phone. Authorities have deployed security forces to protect energy fields and facilities in the region, he said. Protests broke out last week in the southern province of Basra by residents asking for jobs at some of the country’s giant oil fields operated by international companies such as ExxonMobil Corp. and Lukoil PJSC. Iraqis have protested about unemployment and inadequate public services including power and water shortages ever since the U.S.-led invasion of 2003. Iraq has been rebuilding its energy industry and ranks second only to Saudi Arabia for production within the Organization of Petroleum Exporting Countries. The country is pumping 4.55 MMbpd, according to the International Energy Agency. Its exports, most of which leave by tanker from southern sea terminals, have increased over the past few years and reached 3.521 MMbpd in June. At least one civilian was killed during riots in Basra last week, according to police. The protests have proliferated, with residents demanding jobs and reliable electricity and water supplies. Authorities have disrupted social media and other internet services in Baghdad and many other regions across the country, mainly in the south, over the last few days. The government formed a ministerial committee headed by Oil Minister Jabbar al-Luaibi to formulate plans to address the protesters’ concerns, according to a government statement on Saturday. It also allocated 3.5 trillion dinars ($3 billion) to support projects addressing these issues.
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  • Wolverine's Avatar
    Today, 05:11 PM
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    Today, 05:08 PM
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    Today, 05:02 PM
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    Today, 01:29 PM
    Next!!!!!!
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    Today, 01:26 PM
    Saudi Gangbang.
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    Today, 01:18 PM
    The difference!!!
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    Today, 12:11 PM
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  • bultn's Avatar
    Today, 07:18 AM
    Very funny, but you've got the wrong president crawling in the dust before Putin's feet. Didn't you see the press conference yesterday? Your idiot wants to MAKE RUSSIA GREAT AGAIN !!!
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    Today, 02:33 AM
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    Yesterday, 11:56 PM
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