UniHouse to run Talented Iraqi Program for Eni

By John Lee.

Italian energy company Eni S.p.A has signed an agreement with UniHouse to execute the Talented Iraqi Program.

Under the scheme, high-caliber, talented Iraqi students will be placed in the UK to study for Bachelor of Medicine degrees.

UniHouse will provide a full range of services, including preparation, exams, orientation, and in-country academic support and consultancy to Eni for the successful execution of the project.

Since 2010, Eni has been part of the consortium developing the Zubair Reservoir in Southern Iraq.

(Source: UniHouse)

The post UniHouse to run Talented Iraqi Program for Eni first appeared on Iraq Business News.

New Contracts for Iraqi Drilling Company (IDC)

By John Lee.

The Iraqi Drilling Company (IDC) has announced its intention to conclude contracts with Chinese and American companies operating in Iraq to drill and rehabilitate dozens of oil wells in the country.

The company indicated it is about to start drilling 20 wells in the Nasiriyah field in Dhi Qar, which are included in a long-term plan with the Dhi Qar Oil Company (DQOC) to advance the oil sector, due to be completed in over two years.

After the relative relaxation of the impacts of the coronavirus, the Iraqi Drilling Company resumed its negotiations with the international companies developing oil fields in the country and their counterparts affiliated with the Ministry of Oil in the provinces, in preparation for signing the postponed contracts with the aim of enhancing Iraq's energy capabilities.

The drilling and rehabilitation contracts, hoped to be concluded soon, include drilling 37 wells in the Zubair field for the Italian company ENI, the main operator of the field, and starting discussions with BP, the main contractor in the Rumaila field, to develop the giant field west of Basra.

This is in addition to the near signing of a contract to drill 43 wells in Majnoon field with the Basra Oil Company (BOC), which is the third largest oil field in the world, with reserves of 6.12 billion barrels.

The Iraqi Drilling Company has completed all its preparations to sign a contract with the Central Oil Company, to drill 27 wells in the East Baghdad field, and it continues its discussions with the Maysan [Missan] Oil Company (MOC) to sign a contract for drilling 22 wells in the Bazargan field as well as rehabilitating another 150 wells and a contract to operate a number of drilling towers and rehabilitation of a large number of wells in the Kirkuk fields with the North Oil Company (NOC).

(Source: Govt of Iraq)

The post New Contracts for Iraqi Drilling Company (IDC) first appeared on Iraq Business News.

Italy, UNOPS to provide Services for Returnees in Sinjar

AICS and UNOPS Partner to Rehabilitate the Basic Services for Returnees in Sinjar, Iraq

The Italian Cooperation and UNOPS launched a new project to support the Government of Iraq in rehabilitating basic services to returnees in Sinjar.

The project will support the Government of Iraq in rehabilitating the basic water services for returnees in Sinjar district in Iraq, through a partnership with the Government of Italy.

The project will contribute to achieving the Humanitarian Response Plan (HRP) for Iraq: Post-conflict transition towards durable solutions by supporting access to basic services to increase the resilience of returnees in target locations.

Since 2018, the Italian Agency for Development Cooperation (AICS) office in Amman has also been responsible for implementing international cooperation initiatives in Iraq. "Our support has focused on the Kurdish Region of Iraq (KRI) and neighbouring areas such as the Ninewa plains, which experienced high rates of return after the massive displacement of the resident population," said the Head of AICS Amman office Mr. Michele Morana.

"This project comes in line with the Italian Cooperation's aid priorities targeting the health and protection sectors in the Country, as it addresses immediate recovery and aims to improve accessibility, inclusiveness and quality of basic services for minorities and local communities".

"The Government of Italy fully supports the urgent need to rebuild Sinjar, through the restoration of basic services as key to incentivizing the return of still displaced people. Every effort should also be taken to reintegrate returnees within their communities and provide them with tangible support to rebuild their lives" said the Ambassador of Italy to Iraq Bruno Antonio Pasquino.

"Thanks to the support from the Italian Cooperation, UNOPS is able to lend a hand to the people returning to Sinjar District in Iraq. Access to water supplies is one of the many challenges faced by returnees and their families. The rehabilitation of basic services in the district will contribute to improving Sinjar water infrastructure and eventually improving people's lives." said Mr. Muhammad Usman Akram, the Director of UNOPS Operational Hub in Amman.

Through this project, the targeted populations will benefit from improved and rehabilitated basic water facilities. UNOPS will focus on the improvement of water services in Sinjar district. The main focus would be to rehabilitate damaged water facilities, such as potable and/or storm water pumps, generators, parts of water treatment units.

The intervention will also include innovative technologies, such as renewable and hybrid systems, where applicable, in target locations. It is envisaged that this project will support the Government in its efforts towards the realization of Agenda 2030 and more specifically contribute to the Sustainable Development Goals (SDG); specifically, SDG 3: Good Health and Well-being and SDG 6: Clean Water and Sanitation.

Sinjar is one of the four districts in Ninewa that presents a higher severity of needs, whereby the well-being, living standards, and ultimately resilience and recovery capacity of the local communities, as well as their social cohesion and safety, are all severely impacted as a result of unmet needs.

(Source: UN)

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Russian Oil Firm to Finance Nassiriyah Development

By John Lee.

The Dhi Qar Oil Company (DQOC) has reportedly said that Litasco, the international marketing and trading company of Russia's LUKOIL, will finance the doubling of capacity at the Nassiriyah oil field from 100,000 barrels per day (bpd) t0 200,000 bpd.

The project includes a 42-kilometer pipeline, and will be a joint venture between the State Company for Oil Projects (SCOP) and Italy's Progetti.

(Source: Shafaq)

The post Russian Oil Firm to Finance Nassiriyah Development first appeared on Iraq Business News.

Eni to Invest $4bn in Iraqi Refinery?

By John Lee.

Italian oil company ENI is reported to be in talks to build a $4-billion, 300,000-bpd refinery near Iraq's Zubair oil field.

S&P Global quotes Oil Minister Ihsan Ismaael [Ahsan Abdul-Jabbar Ismail] as saying that that the first phase, with a capacity of 150,000 bpd, would be operational by 2025.

The Minster reportedly added that the Zubair field, in which Eni holds a stake, is expected to produce 700,000 bpd by 2027.

Click here to read the full article.

(Source: S&P Global)

The post Eni to Invest bn in Iraqi Refinery? first appeared on Iraq Business News.

Cabinet Approves $25m Desalination Project

By John Lee.

The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi.

It authorised the Ministries of Education, Higher Education and Scientific Research, other ministries, public bodies and local councils to recruit holders of post- graduate degrees, and to exempt this round of recruitment from applicable clauses in the 2019 Federal Budget. The exemption is for this year only.

The Cabinet approved a letter of intent from the Ministry of Oil, and authorised it to task Italian company ENI to carry out a project for the supply and installation of two desalination plants at Al-Baradiya in Basra Province with a capacity of 400 cubic meters per hour each, and for the amount of 24,965,768 US dollars.

The Cabinet discussed other policies on employment, housing and transport.

(Source: UN)

Cabinet Approves $25m Desalination Project

By John Lee.

The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi.

It authorised the Ministries of Education, Higher Education and Scientific Research, other ministries, public bodies and local councils to recruit holders of post- graduate degrees, and to exempt this round of recruitment from applicable clauses in the 2019 Federal Budget. The exemption is for this year only.

The Cabinet approved a letter of intent from the Ministry of Oil, and authorised it to task Italian company ENI to carry out a project for the supply and installation of two desalination plants at Al-Baradiya in Basra Province with a capacity of 400 cubic meters per hour each, and for the amount of 24,965,768 US dollars.

The Cabinet discussed other policies on employment, housing and transport.

(Source: UN)

Iraq turns to BP, Eni for Oil Export Pipeline

By John Lee.

Iraq is reported to be close to reaching a deal with BP and Eni for an export pipeline project.

Al Jazeera quotes senior Iraqi oil officials as saying that the project was initially planned as part of a “megadeal” with ExxonMobil.

They said that under the proposed $400-million agreement, BP and Eni would build two seabed oil pipelines for Iraq’s southern exports through the Gulf.

(Source: Al Jazeera)

Eni eyes New Opportunities in Iraq

By John Lee.

Oil Minister Thamir A. Al-Ghadhban met Eni’s CEO Claudio Descalzi on Monday in Baghdad.

Eni’s CEO outlined the Company’s current activities in the country in light of the recent achievements of the Zubair field development. Mr. Al-Ghadhban and Mr. Descalzi also discussed future opportunities and development investments that will further strengthen Eni’s relationship with the country.

At Zubair oil production has grown by over 100% since 2015 and a new 380 MW plant that will generate power for domestic consumption is in the final stages of construction.

Mr. Al-Ghadhban and Mr. Descalzi also discussed future opportunities and development investments that will further strengthen Eni’s relationship with the country. The Deputy Prime Minister for Energy Affair and Eni’s CEO also discussed the progress of social projects that are currently underway in the Basra Governorate in the areas of healthcare, education, access to energy and clean drinking water.

Finally, Eni’s CEO also highlighted potential synergies related to energy projects in Iraq, a strategic lever for the Country in maximizing its use of national natural resources.

Eni is one of the largest international upstream oil & gas players in the country, where it currently operates 475,000 barrels of oil equivalent per day (35,000 boed Eni equity).

Eni has been present in Iraq since 2009 through its subsidiary Eni Iraq B.V., and with the ramp up of the Zubair Field Development Project (Eni 41.56%, Kogas 23.75%, BOC 29.69%, State Partner 5%) the Company has become one of Iraq’s main operators in the oil sector.

(Source: Eni)

Halliburton Wins New Drilling Contract in Iraq

US-based oil services company Halliburton has today announced it has signed two contracts with Eni Iraq BV to provide integrated drilling services at Eni’s Zubair oilfield in Southern Iraq.

Under the contracts, Halliburton will mobilize four to six rigs to drill development wells over the next two years.

Mahmoud El-Kady, vice president of the Iraq Area for Halliburton, said:

“We are pleased to be awarded this work and the opportunity to collaborate with Eni to engineer solutions for the development of Zubair.

“We have provided a wide array of drilling services to Eni since 2011 and signing these contracts are a testimony to our continuous commitment to safety and superior service quality.

(Source: Halliburton)