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HEESCO signs Contracts with 3 Int’l Firms

By John Lee.

Iraq’s Heavy Engineering Equipment State Company (HEESCO) has signed deals with three international companies in the oil, petrochemical and the marine industries:

  • UK-based Weir Engineering Services;
  • Czech-based KPS;
  • Egyptian-based Petrojet.

The company, established in 1963, has technological capabilities in the design, manufacturing and installation of the engineering equipment, such as the tanks, boilers, heat exchangers, pressure tanks, refining towers, bridge pillars, river boats and engineering inspection.

Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) said that the Ministry aims to increase cooperation with international companies.

(Source: Ministry of Oil)

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Southern Refineries to Increase Capacity by 33%

By John Lee.

Iraq plans to increase capacity at its southern refineries to 280,000 barrels per day by the end of 2018.

Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] made the announcement at the opening of the second phase of the fourth unit project in the south refineries in Basrah governorate.

The new project will have a capacity of 70,000 bpd, and will increase production from its current level of 210,000 bpd.

It is being implemented by the Czech company Techno Export, and includes the construction of two units for liquid gas production and water treatment.

(Source: Ministry of Oil)