Deadlines Extended for 2 More Oil Refineries

By John Lee.

The Ministry of Oil has extended the closing dates for tenders for two new oil refineries:

Companies interested in investing must submit their documents by the end of working hours on Sunday, 30th October 2018.

For further information please contact studies@oil.gov.iq or studies.oil@gmail.com.

(Source: Iraqi Ministry of Oil)

Video: Protests Outside Oil Field near Basra

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.

People are still protesting across southern Iraq, despite a promise by the prime minister to create jobs and improve public services.

The unrest began in the oil-rich province of Basra last week and has spread to several other large cities.

Demonstrators say they’re not benefitting from Iraq’s vast oil wealth, because of government corruption and mismanagement.

Al Jazeera‘s Osama Bin Javaid reports:

Field Energy Services joins Iraq Britain Business Council

The Iraq Britain Business Council (IBBC) has announced that Field Energy Services (FES), one of Iraq’s leading oil and gas service providers, has joined the Council.

Established in 2008, FES is an Iraqi registered company who supply a diverse range of products, services and logistical support to companies operating across the energy supply chain in Iraq. FES offers comprehensive, high-valued technical, industrial, trading, logistical, life support, training, construction and engineering solutions.

FES work on multiple fronts to help accelerate the development of the country’s oil and gas industry, including the opening of a dedicated repair and maintenance facility, building two highly secure and fully integrated business parks, and a world-class vocational training centre.

Field Energy Services represents international principals and partners in Iraq through its subsidiary, Al Majal Commercial Agencies, and is an approved supplier to leading international oil companies (IOCs), national oil companies (NOCs), and international Engineering, Procurement and Construction companies (EPCs).

Together with their partners, FES offer a wide spectrum of products and services to the energy industry, ranging from the repair and maintenance of rotating equipment to offering customized warehouses and offices, and creating internationally accredited and customized vocational training courses to oil and gas companies operating in Iraq.

(Source: IBBC)

DNO Picks Up Peshkabir Production in Kurdistan

DNO ASA, the Norwegian oil and gas operator, today announced a two-thirds increase in production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 25,000 barrels of oil per day (bopd) following completion of the Peshkabir-4 well testing program.

The well has been placed on production at a rate of 10,000 bopd through a 72/64″ choke with 790 psi wellhead pressure through temporary, capacity-constrained test facilities and the oil trucked to Fish Khabur for export.

The Peshkabir-4 well was designed as a high angle well to assess the central part of the structure four kilometers west of the Peshkabir-3 well and drilled to a measured depth of 3,525 meters, including a 1,150 meter extended reach reservoir section. A total of 11 zones were tested and flowed between 1,500 bopd and 7,000 bopd per zone.

The next well in the 2018 field development campaign, Peshkabir-5, has been drilled seven kilometers west of Peshkabir-3 and has successfully proved the westward extension of the field. Completed in June, it is currently undergoing final testing; a total of four zones have been tested so far and flowed between 4,000 bopd and 7,500 bopd per zone.

DNO will bring this well onstream in August and expects to reach and surpass its previously announced summer 2018 Peshkabir production target of 30,000 bopd.

“The pickup in Peshkabir production puts new meaning to the fast in fast track in development of this field by the DNO team,” said Bijan Mossavar-Rahmani, DNO’s Executive Chairman.  “And we expect Peshkabir to continue to surprise to the upside,” he added.

Two other wells, Peshkabir-6 and Peshkabir-7, are drilling ahead at 3,900 meters and 3,100 meters, respectively. Peshkabir-6, a near vertical well, will explore the field’s deeper Triassic formation and establish the Cretaceous oil/water contact level. Peshkabir-7 is a high angle producer well located between Peshkabir-4 and Peshkabir-5.

The Peshkabir field was brought on production in 2017 and two drilled wells last year, Peshkabir-2 and Peshkabir-3, have produced at a constant combined rate of around 15,000 bopd.

DNO operates and has a 75 percent interest in the Tawke license, which contains the Tawke and Peshkabir fields, with partner Genel Energy plc holding the remainder. Together, output from the two fields has averaged 106,000 bopd year-to-date.

(Source: DNO)

Running for Modern Education across Iraq

By Hussein Al-alak.

Running with history, for modern education across Iraq

On Thursday 19th July, myself and Tracy Hollowood are taking part in the Run Media City 5K – to raise awareness of the educational achievements and mental health services of the AMAR Foundation in Iraq.

This run is different to my involvement on the Great Manchester Run in May – as this time we are paying tribute to the North of England’s relationship, with Iraq and the wider Middle East. As John F Kennedy stated; “geography has made us neighbours” and “history has made us friends”.

The reasons for this start with Notitia Dignitatum, a Roman document from around AD400, which describes how Roman Mesopotamian’s -modern day Iraqi’s- patrolled the UK’s South Shields, whilst bargemen from Iraq’s famous Tigris River once patrolled the River Tyne.

I have laughed with Tracy about our “Anthony and Cleopatra” 5K run for AMAR but when General George Keppel was travelling along Iraq’s Tigris River in 1824, he painted vivid descriptions of boatmen who resembled the “ancient heroes of Greece and Rome“.

It’s not just Britain’s occupation under the Roman Empire, which establishes a historic link between the North of England and Iraq. Archaeologist, spy and creator of “modern Iraq” Gertrude Bell – was born and raised in the North East – infact Washington – part of historic County Durham.

Further tributes to Britain’s relationship with the region, are acknowledged by the arrival of Siegfried Sassoon’s grandfather from Basra to Manchester in 1858. The famous historian of Lebanese descent Albert Hourani, was also born in Manchester but in 1915.

Author of “A History of the Arab Peoples”, Albert Hourani’s book has been described by Harvard University Press – as being “the definitive story of Arab civilisation” which became “an instant classic”upon publication.

It was Maya Angelou who said “the more you know of your history, the more liberated you are” and growing up, I was fortunate to be raised in a mixed heritage family, where an understanding of history was appreciated and a study of history encouraged.

I was incredibly fortunate to have a grandmother, who was born in 1917 and raised in Newcastle during the Great Depression. My grandmother could recall the many struggles that families went through, during the economic downturn of the 1930’s, prior to the creation of the Welfare State.

I was also lucky to have a grandfather, who was born in Manchester’s Moss Side in 1907 and in 1945; was among the British forces who helped liberate the Bergen-Belsen Concentration Camp. In post-war Britain, my grandfather then took an active role in helping with the city’s reconstruction, as a member of Manchester City Council.

After attending the AMAR Foundation’s recent dinner at the Foreign Office, I visited Great Uncle Ron Fisher, who as a member of Britain’s merchant navy, lost his life when the Empire Gilbert ship was torpedoed in 1942. Uncle Ron’s name at-least, now rests on the Tower Hill Memorial, facing the Tower of London.

As world events “have rumbled on since those gagged days”, the past would never have known that in 2018, taking part in the Run Media City 5K and asking for help to advance AMAR’s efforts in education, would be following a family tradition in rebuilding lives after war.

Because of reforms brought in by the British Government, following the Allied victory in World War Two, education became accessible for all children, allowing for my grandparents to raise children in a post-war environment, which enabled them to pursue a college and university education.

Those same reforms also allowed for Uncle Ron’s widow, my great Aunt Jean and her second husband David (a veteran of the Merchant Navy), to dedicate their lives, to educating young people in a private boarding school. The young people they taught had been excluded from the mainstream education system.

Whilst at the AMAR Foundation’s dinner at the Foreign Office, Lord Mark Price praised the efforts of Baroness Emma Nicholson – AMAR’s founder and chairperson – along with praising everyone who has helped AMAR remain a tour de force for 25 years.

Lord Price gave mention to the fact, AMAR has helped educate 5 million people across Iraq, with each person having experienced conflict or the loss of loved ones as a result. The people educated by AMAR are diverse and their circumstances often reflect the country’s recent history with conflict.

But AMAR also recognise, the future does not have to be determined by Iraq’s recent past, as it was once stated “they who ignore history are destined to repeat its mistakes”. This determination, is something that we can only carry with us but it’s something that only we the people can also change.

Hussein Al-alak is the editor of Iraq Solidarity News (Al-Thawra). To support Hussein and Tracy on the Run Media City 5K, they are asking that people donate to the AMAR Foundation: please click here.

ADES Expands into Southern Iraq

By John Lee.

ADES International Holding Ltd., a London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa, is to expand into Southern Iraq.

The company will acquire two idle land rigs in Iraq from Weatherford, as part of a $287.5-million deal to buy 31 rigs from the Swiss-based company.

Commenting on the transaction, Dr. Mohamed Farouk, Chief Executive Officer of ADES International Holding, said:

“We are truly delighted to have signed this agreement with Weatherford … [which] significantly expands ADES’ total fleet and more than doubles its operational fleet”

(Sources: ADES International Holding Ltd., Weatherford)

Deadline Extended for Kut Oil Refinery

By John Lee.

The Ministry of Oil has extended the closing date for tenders for the new 100,000-bpd refinery in Kut.

Companies interested in investing must submit their documents by the end of working hours on Tuesday, 4th October 2018.

More information here.

For further information please contact studies@oil.gov.iq or studies.oil@gmail.com.

(Source: Iraqi Ministry of Oil)

GKP Appoints New Director

Following the earlier announcement that Philip Dimmock will retire and thus not seek re-election at today’s Annual General Meeting, Gulf Keystone Petroleum (GKP) has announced the appointment of Martin Angle as Senior Independent Non-Executive Director with effect from Monday 16th July 2018.

Mr Angle has had a distinguished executive career across investment banking, private equity and industry. His previous roles include senior positions with SG Warburg & Co. Ltd, Morgan Stanley, Dresdner Kleinwort Benson, as well as the Group Finance Director at TI Group plc, then a FTSE100 company.

More recently, he spent time at Terra Firma Capital Partners where he held various senior roles in its portfolio companies. As a Non-Executive Director he has served on a number of Boards including Savills plc, where he was the Senior Independent Director, National Exhibition Group (Chairman), Severstal, and Dubai International Capital.

He currently chairs the Remuneration Committee and is a member of the Audit, Nomination and Sustainability Committees at Pennon Group, a FTSE 250 company.

On joining the GKP Board following the Annual General Meeting, Mr Angle will also succeed Philip Dimmock as Chairman of the Remuneration Committee and join the Audit and Risk Committee.

Jaap Huijskes, Gulf Keystone’s Non-Executive Chairman, said:

We are very pleased to welcome Martin Angle to the Board. Martin brings a depth of financial, commercial and boardroom experience to the Company and we look forward to his support and counsel at this exciting time as we prepare to invest to increase production at Shaikan.

“On behalf of everyone at the Company, we would also like to thank Philip Dimmock for his considerable contribution to the Board since his appointment; he leaves the Company at a time when the Company has strengthened considerably.

(Source: GKP)

Basra Protests: Oil Minister Orders More Jobs

By John Lee.

Protestors took to the streets of Basra for the fourth day on Wednesday, protesting the killing of a demonstrator by security forces, and demanding jobs and public services.

According to AFP, protesters also blocked the road leading to the oilfields of West Qurna, while international oil companies (IOCs) have reportedly moved senior staff out of the area for their security.

On Tuesday, the Cabinet approved measures to improve the delivery of essential public services in Basra province, with a focus on improving the supply of electricity to homes and businesses.

It also “instructed Iraq’s embassies, consulates and all border entry points to apply new visa and residency fees for foreign nationals seeking to enter Iraq“.

The Cabinet voted to establish a specialist committee staffed by teams from the Planning and the Construction & Housing Ministries to assess the value of resuming several incomplete or suspended projects, and instructed the Ministry of Finance to speed up the allocation of funds for projects that are deemed suitable for completion.

Meanwhile, Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] ordered “secondary contractor companies in West Qurna oil field to provide new jobs for the citizens of the neighbor towns near to the field“, and to “provide additional jobs for the citizens of Shatt Al-Arab district and the other towns“.

Otherwise“, he added, “the Ministry will take the appropriate procedures towards the companies that violates the directions“.

(Sources: AFP, Iraqi Cabinet, Ministry of Oil)

(Picture credit: Ahmed Mahmoud)

IBBC holds annual Cumberland Lodge Conference

IBBC holds annual Cumberland Lodge Conference with Political, Academic, Education and Business Experts, 6-8 July

The Iraq Britain Business Council hosted its annual Cumberland Lodge Retreat on 6-8 July, inviting a host of political, business, academic and education experts to discuss the most pertinent issues relating to Iraq and its future.

The title of the conference was ‘Iraq: Domestic Expectations & Geopolitical Aspirations’ and addressed a variety of issues on regional politics, election diagnosis and the future of higher education in Iraq.

On Friday members and guests heard speeches from Baroness Nicholson of Winterbourne, President of IBBC and the Prime Minister’s Trade Envoy to Iraq, Dr Edmund Canon Newell, Principal of Cumberland Lodge, Mr Nazar Mirajan Mohammed, Minister Plenipotentiary Iraq Embassy and Sara Akbar, Founder Member of IBBC, Kuwait Government Adviser and CEO of new IBBC member OiLSERVE.

The conference also featured in-depth discussions with high level representatives from the Government of Iraq, including Dr Abdul Razzaq Al-Issa, Minister of Higher Education and Scientific Research, Dr Adbul Kariem Al Faisal, Chairman of the PM’s Advisory, Dr Dara Rasheed, Deputy Minister for Construction, Housing and Municipalities and Deputy Head of Refaato and Dr Salah Hadi Saleh Alhashim, DG for Scholarships at he Ministry of Higher Education and Scientific Research.

Agenda & Speakers

Session 1: Present Situation in Iraq

Chair: Baroness Nicholson of Winterbourne

Dr Barham Salih MP, Coalition for Democracy, Jon Wilks CMG (tbc), HM Ambassador to Iraq, Dr Renad Mansour, Research Fellow, Chatham House, Professor Toby Dodge, Director Middle East Centre, LSE

Session 2: Iraq in a Regional Perspective

Chair: Dr Renad Mansour, Research Fellow, Chatham House

Sara Akbar, CEO Oil Serve Kuwait

Session 3: China and Iraq

Chair: Botan Osman, Managing Director, Restrata

Raffaello Pantucci, Director of International Security Studies, RUSI

Session 4: IMF view on Iraq

Chair: Gavin Wishart, Board Member, IBBC

Gavin Gray, Mission Chief for Iraq, IMF

Session 5: Partnerships between British and Iraqi Universities

Chair: Dr Victoria Lindsay, Director British Council Iraq

Professor Obay Al Dewachi, President of Mosul University, Professor Nick Petford, Vice Chancellor, Northampton University, Professor Mohammed Al Uzri, Honorary Professor with Social and Epidemiological Psychiatry Research Group, Leicester University, Professor John Strachan, Vice Chancellor, Bath Spa University

On Saturday 7, an after dinner speech was given by Dr Mohammed Jasim, Library Director of Mosul University, who gave an impassioned presentation on the progress made in rebuilding the university’s dilapidated library.

IBBC would like thank the staff at Cumberland Lodge, all speakers and delegates who contributed to the extremely fruitful discussions, and to its members, with representatives attending from Al Burhan Group, Al Nukbha OFS, Bath Spa University, BP, Olive Group, Eversheds Sutherland, G4S, KBR, Menzies Aviation, Mosul University, Najaf Chamber of Commerce, OiLSERV, Penspen, Perkins+Will, Petrofac, Restrata, Serco, Shell, TurnKey LLC, University of Leicester, University of Northampton and Wood.

(Source: IBBC)