based Dao Al-Jomaih Group and China's Machinery Engineering Corp. tendered the low bid of $204.4 million to install four gas turbines in Iraq's southern Basra province, the electricity ministry said Tuesday.
Salam Qazaz, Iraq's deputy electricity (...)
Oil major BP and Chinese partner CNPC have paid a $500 million (306 million pounds) signature bonus due on the contract they won to develop Iraq's supergiant Rumaila oilfield, a senior Iraqi oil sector official said.
The Iraqi Oil Ministry and the (...)
The state-run Iraq Drilling Company plans to drill 180 oil wells in 2010, and will be able to drill more than 250 new wells every year from 2011 onwards, the head of the company said.
Thirty of the new wells planned for 2010 will be in northern (...)
Iraq aims to install four new floating oil terminals and three new undersea oil pipelines that will boost export capacity to 8 million barrels per day from a current 1.9 million bpd, a top oil official said.
Dhiya Jaafar, current chief of Iraq's (...)
A bomb exploded near a market in the southern Iraqi city of Basra on Saturday, killing at least three people and wounding two, police sources said.
Iraqiya state television said the bomb exploded inside an electronics shop.
Basra, Iraq's second (...)
