Cursor International executes projects and collaboration activities across several industries.
By John Lee.
According to Miriam Malek, writing for S&P Global Platts, Iraq is again becoming a viable destination for energy investment after the final defeat of Islamic State and the election of a new government revived interest in the region’s second-largest oil producer.
The US, Qatar, Saudi Arabia and Iran are now vying for a share in the spoils.
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(Source: S&P Global Platts)
The National Iranian Drilling Company (NIDC) is planning to participate in neighboring Iraq‘s drilling tenders.
Speaking to reported on the sidelines of an oil show in Kish Island, on Tuesday, Sepehr Sepehri, NIDC managing director, said the company’s approach is to secure itself a toehold in global markets, adding NIDC is planning to participate in international drilling tenders in Iraq.
“We have plans to join drilling projects in neighboring countries and we have started correspondences with Iraq in this regard,” the official said.
Sepehri said the two country’s access to Arvand Free Zone, favorable crude oil production capacity in Iraq’s Basra and the good terms the two neighbors are on are among the advantages of working in Iraq.
He further said that NIDC will take part in three drilling tenders that Italy’s ENI is planning to hold in Iraq.
The NIDC official added that Oman is another market the company is seeing to gain a foothold in.
“We have indicated readiness to offer services to Oman, too, and will consider the matter in more depth during a visit by an Omani delegation to Iran within the next few weeks.”
Besides drilling operations, NIDC enjoys massive potentialities in offering drilling services, the CEO added.
“After Iraq and Oman, we are targeting operations in Qatar,” Sepehri added.
(Source: Shana)
By John Lee.
Qatar Petroleum (QP) has confirmed that it plans to invest in Iraq’s upstream oil businesses.
President and CEO Saad Sherida Al Kaabi (pictured) told reporters:
“I have met personally with the Iraq’s Oil Minister (Jabar Al Luaibi) and have conveyed my interest in investing Iraq’s upstream business, and he welcomed that.
“Iraq is a very important country in the region. It has huge resources and needs a lot of investments to bring the country back to the prominence. It is a brotherly country, and we would like to help and assist in developing their upstream business.”
The Peninsula Qatar quotes him as saying that QP is currently exploring best ways of entering the Iraqi market.
(Source: The Peninsula Qatar)
By John Lee.
Iraq has reportedly contracted Japan’s Toyo Engineering to help build a gas pipeline to Kuwait and a petrochemical plant as Baghdad.
According to a report from Reuters, the move will help Iraq to reduce flaring and finish paying the reparations owed to Kuwait for the invasion in 1990.
The project would allow Kuwait to reduce its dependency on Qatar as a supplier of gas; deliveries could begin as early as 2019.
It would also deal a blow to Shell, which aimed to be the dominant gas player in Iraq before relations with Baghdad soured following it’s planned exit from the Majnoon oil project.
Toyo told Reuters that talks are ongoing and a final decision has not yet been made.
(Source: Reuters)
Doha’s Hamad International Airport (HIA) has become just the sixth facility in the world to receive Skytrax’s ‘5-Star Airport’ ranking. The rating is awarded by the London-based aviation institute to airports providing first class facilities for its passengers combined with excellent service from airport staff. It takes into account the front-line areas for departures, arrival and transfer, including airport facilities, customer service, security, immigration, shopping outlets and food and beverage facilities. Doha joins Singapore, Seoul, Hong Kong, Tokyo/Haneda and Munich as five star facilities.
Engineer Badr Mohammed Al Meer, COO of HIA, said: “Joining the elite of airports and being the first airport in the Middle East to earn five stars from Skytrax is an honour, and a direct result of the thousands of people who ensure HIA operates smoothly every day, every flight. No matter how long our guests are with us, we strive to make their journey flawless and memorable. This acknowledgement is highly gratifying, and will continue to motivate us to create an exceptional experience for everyone.”
HIA, which has only been operational for three years, has enjoyed several strategic milestones over the past 12 months, including the launch of its iBeacon enabled mobile app, the introduction of the dual passenger train shuttle to concourses D and E and the opening of multiple duty free stores.
The Qatari airport also enjoyed success at the 2017 Skytrax World Airport Awards, held in Amsterdam where it was named the “Best Airport in the Middle East” for the third consecutive year and awarded “Best Staff Service in the Middle East” for the second year running.