Posted on

AMAR builds new Women’s Hospital in Basra

With the help of generous donors, the AMAR International Charitable Foundation has constructed and partly equipped a brand new charitable Paediatric / Maternity / Womens Hospital in Basra.

The hospital will serve over 100,000 living in Shatt Al-Arab, an area near Basra under-served by existing medical services. There are more than 22,000 women in the reproductive age group and over 4000 pregnancies are expected each year. There are more than 20,000 children under the age of 5 years old.

This state-of-the-art hospital will bring a new level of healthcare to women and children in these communities. The hospital is now close to opening and delivering an outpatient’s clinic for women and children to the needy.

Donations are now being sought to enable AMAR to equip the hospital fully and start providing a more extensive range of medical services to the many disadvantaged women and children in the area

PLEASE DONATE HERE

THANK YOU.

The post AMAR builds new Women’s Hospital in Basra first appeared on Iraq Business News.

Posted on

Drugs, Militias form Explosive Mix on Iraq-Iran Border

By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News.

Drugs, militias form explosive mix on Iraq-Iran border

Officers and judges who dare to go up against those controlling the drug trade along Iraq’s southeastern border with Iran continue to be targeted as attempts are made to crack down on corruption.

Click here to read the full article.

The post Drugs, Militias form Explosive Mix on Iraq-Iran Border first appeared on Iraq Business News.

Posted on

New Plastics Plant opened in Basra

By John Lee.

The Minister of Industry and Minerals, Manhal Aziz Al-Khabbaz, has re-opened a factory making low density polyethylene in Basra.

The plant, run by the General Company for Petrochemical Industries, had been idle for more than 12 years.

Capacity is said to be 120 tons per day, with high quality and high purity.

The Minister wished the company further success in its plans to rehabilitate the high-density polyethylene granules production plant.

(Source: Minister of Industry and Minerals)

The post New Plastics Plant opened in Basra first appeared on Iraq Business News.

Posted on

KBR to help develop Iraq’s Ratawi Field

By John Lee.

US-based contractor KBR is to carry out the design work for Iraq’s Ratawi (aka Artawi) Central Complex development.

The work is part of the Ratawi gas-field project in Basra, which is being carried out by the South Gas Company (SGC) in cooperation with France’s TotalEnergies.

KBR’s involvement was confirmed in a statement from the Ministry of Oil today (Wednesday), following a meeting in Paris between Iraq’s Minister of Oil, Ihsan Abdul-Jabbar Ismail, and Chairman and CEO of TotalEnergies, Patrick Pouyanne.

(Source: Ministry of Oil)

The post KBR to help develop Iraq’s Ratawi Field first appeared on Iraq Business News.

Posted on

AirSada wins Medevac Contract with Hyundai in Basra

By John Lee.

The Turkish-based private jet charter company AirSada has won a second contract to supply medical evacuation (medevac) services, this time to South Korea’s Hyundai Engineering and Construction in Iraq.

The contract with AirSada, which runs to September 2025, includes air ambulance and medical treatment services.

It was signed by Mr Tolga Urcu, CEO of AirSada, and Mr Joonhwi Lee, Project Manager for Hyundai in Basra.

Earlier this year, the company won a similar contract with Japan’s JGC Corporation.

(Source: AirSada)

The post AirSada wins Medevac Contract with Hyundai in Basra first appeared on Iraq Business News.

Posted on

AirSada wins Medevac Contract with JGC in Iraq

By John Lee.

The Turkish-based private jet charter company AirSada has won a contract to supply medical evacuation (medevac) services to Japan’s JGC Corporation in Iraq.

JGC is the main contractor for the major upgrading project at South Refineries Company’s (SRC) Basra refinery.

The contract with AirSada, which runs to September 2025, includes air ambulance and medical treatment services.

It was signed by Mr Tolga Urcu, CEO of AirSada, and Mr Hiroto Ogura,  Project Manager for JGC at SRC Basra.

(Source: AirSada)

The post AirSada wins Medevac Contract with JGC in Iraq first appeared on Iraq Business News.

Posted on

JGC happy with Progress at Basra Refinery

By John Lee.

Japan’s JGC Corporation has said it expects its Iraqi oil refinery project to significantly increase its sales for the fiscal year starting 1st April 2022.

Prime Minister Mustafa Al-Kadhimi laid the foundation stone for the new $4-billion Fluid Catalytic Cracking (FCC) complex at Basra Refinery in April 2021. The project will increase the refinery’s capacity by 55,000 barrels per day (bpd).

The company said that detailed design has begun, orders for major equipment are almost complete, and construction site development work is progressing smoothly.

Regarding recent sharp increases in equipment prices, it said that purchase of bulk materials will begin after detailed engineering work is started; while it will continue to
monitor the situation closely, it assumes no significant impact.

(Source: JGC)

The post JGC happy with Progress at Basra Refinery first appeared on Iraq Business News.

Posted on

Chinese Consortium wins $594m Iraq Oil Processing Contract

By John Lee.

Kuwait Energy Basra Limited (KE Basra), an indirect wholly-owned subsidiary of Hong Kong-based United Energy Group (UEG), has entered into the EPCC (engineering, procurement, construction and commissioning) contract with a Chinese consortium to provide a central processing facility including oil treatment system and auxiliary systems at Block 9 in Basra.

The contractor is a consortium formed on 31 December 2020 and consisting of China CAMC Engineering and CNOOC Petrochemical Engineering.

According to disclosure documents lodged with the Stock Exchange of Hong Kong, the contract price is US$593,584,975 and the work should be completed within 33 months from the date of commencement. (The foundation stone for the project has just been laid).

The main purpose of this central processing facility project is to increase crude oil production capacity of Block 9 to 100,000 barrels per day (bpd).

In its statement to the Hong Kong Stock Exchange, UEG added:

“Kuwait Energy Basra Limited is a limited liability company incorporated in British Virgin Islands and an indirect wholly-owned subsidiary of the Company.

“KE Basra is the operator of the Block 9 contract area located in the Basra Governorate, Southern Iraq, pursuant to the Exploration, Development and Production Service Contract with the contracting parties of Basra Oil Company (an Iraqi State Oil Company), KE Basra, Dragon Oil (Block 9) Limited and Egyptian General Petroleum Corporation.“

(Source: UEG)

The post Chinese Consortium wins $594m Iraq Oil Processing Contract first appeared on Iraq Business News.

Posted on

Work Starts at $594m Oil Processing Plant at Block 9

By John Lee.

The President of  the Iraqi National Oil Company (INOC) has laid the foundation stone for the $594-million crude oil processing plant at Block 9, within the Al-Fayha Oil Field in Basra Province.

Ihsan Abdul-Jabbar Ismail said that the development is important for the production of light oil, with a target for this project of up to 100,000 barrels of crude oil per day, along with 135 mmscfd of gas at a future stage for electricity production.

Khaled Hamza, General Manager of Basra Oil Company (BOC), said the development of the field was started in 2014 by Kuwait Energy Company (KEC) and continued by the Chinese company UEG [United Energy Group] which acquired KEC, and that the first exploration well was drilled and the results were encouraging.

He stressed that the oil produced from the exploration Block 9 is one of the best types of oil globally.

The CEO of UEG, Sonk Yu [Song Yu, Chief Operation Officer??], said that laying the foundation stone for the development was an important moment for the company.

(Sources: Ministry of Oil, UEG)

The post Work Starts at $594m Oil Processing Plant at Block 9 first appeared on Iraq Business News.

Posted on

CNOOC to Explore Offshore in Iraq

By John Lee.

The China National Offshore Oil Corporation (CNOOC) is to press ahead with oil exploration at a 530-km2 offshore block in Basra.

Originally agreed in 2019, the work had been delayed due to the COVID-19 pandemic.

In parallel, Iraq’s state-owned Oil Exploration Company (OEC) will carry out seismic surveys on the adjoining 120-km2 onshore area.

Following these studies, one exploratory well will be drilled onshore and one offshore.

The announcement was made following a workshop (pictured) to study plans for the development of marine blocks, organized by the Oil Exploration Company in cooperation with CNOOC.

(Source: Ministry of Oil)

The post CNOOC to Explore Offshore in Iraq first appeared on Iraq Business News.