Fmr Australian Exec Arrested over Alleged Iraq Bribery

By John Lee.

The Australian Federal Police (AFP) has made one arrest, and issued a further two arrest warrants, following an investigation into alleged improper payments made by Singapore-registered Leighton Offshore Pty Ltd, regarding two contracts with Iraq Crude Oil Export in 2010 and 2011.

The Sydney Morning Herald names the arrested suspect as Russell Waugh, a former senior executive from Australian construction giant Leighton Holdings.

Police will allege the key targets of the bribery scheme were Iraqi Ministry of Oil officials and government officials within Iraq’s South Oil Company (SOC).

AFP investigators will allege Leighton Offshore Pty Ltd funnelled bribes through entities associated with a United Arab Emirates-based businessman, and Monaco-based Unaoil, to guarantee approvals for the Iraq Crude Oil Export contracts.

More here and here.

(Sources: Australian Federal Police, Sydney Morning Herald)

The post Fmr Australian Exec Arrested over Alleged Iraq Bribery first appeared on Iraq Business News.

Mansuriya Gas Contract “Cancelled”; Russia “Extremely Interested”

By John Lee.

Iraq has reportedly cancelled a contract to develop its Mansuriya gas field near the Iranian border.

Iraq Business News understands that, under a deal agreed in 2010, the field was being developed by Turkish Petroleum (TPAO) (37.5%), Iraqi Oil Exploration Company (25%), Kuwait Energy (KEC) (22.5%), and Kogas (15%).

According to Reuters, the consortium halted development in 2014 due to security concerns after the so-called Islamic State group overran large parts of Iraq.

Writing in Oil Price, Simon Watkins says “Russia has again made it clear that it is extremely interested in taking over the development contract of Iraq’s Mansuriya gas field following the recent termination of the contract with a consortium led by Turkey’s state-owned TPAO.”

More here and here.

(Sources: Reuters, Oil Price)

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Al-Kadhemi opens new Medical Center in Najaf

By John Lee.

Iraqi Prime Minister Mustafa Al-Kadhemi has opened the new Al-Shifa Medical Center 13 at Al-Kindi Hospital in Najaf.

The new facility is built on an area of two thousand square meters, with capacity of 120 beds, including 48 beds for intensive care.

It has beds for dialysis and an integrated oxygen system, in addition to x-ray and sonar rooms, laboratory and other services.

(Source: Govt of Iraq)

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Amarinth delivers $650k Pumps to Garraf Oilfield

UK-based pump company Amarinth has delivered four API 610 VS4 vertical pumps with Plan 53B seal support systems for the Oil Train 5 Project at Garraf oilfield.

Located at the northwest of Al-Refaei, approximately 85 kilometers north of the City of Nasiriya, half way between the Tigris and Euphrates rivers in the southeast of Iraq, Garraf is the fifth largest oil and gas field in Iraq with estimated reserves of 1 million barrels of oil.

Petronas and its partners are currently increasing production in the field, and the addition of Oil Train 5 is expected to bring this up to 230,000 barrels per day.

The $650,000 order of four API 610 VS4 vertical pumps with Plan 53B seal support systems was placed with Amarinth by China Petroleum Engineering Procurement & Construction (CPECC).

According to a press release from the company, this was the first time that CPECC had ordered from Amarinth and the decision was made based on Amarinth’s proven ability to design and deliver bespoke API 610 pumps for hazardous areas, along with the company’s previous experience of successfully supplying pumps for the Iraq market, all to strict deadlines.

The pumps were manufactured in Inconel Alloy 625, a nickel-based superalloy that possesses high strength properties, resistance to elevated temperatures and excellent protection against corrosion and oxidation. In addition, the Plan 53B seal support systems required a bespoke mounting configuration and piping design.

Amarinth successfully completed the design, manufacture, and delivery within the required 34 weeks.

Oliver Brigginshaw, Managing Director of Amarinth, commented:

“We are delighted with this first order from CPECC, again underlining our strength in the Middle East, and in particular our ability to delivery API 610 pumps into the developing oil and gas projects in Iraq.”

(Source: Amarinth)

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KRG DPM Talabani to Speak at Virtual Kurdistan Iraq Economic Forum

Kurdistan’s Deputy Prime Minister HE Qubad Talabani to Speak at the Virtual Kurdistan Iraq Economic Forum

  • Inaugural Conference set to navigate the economic future Kurdistan and Iraq
  • Conference will include online sessions available live and on demand for all attendees
  • Delegates will gain insights into the latest policy and project announcements, crucial for successful investment decisions in the region as well as the key recovery strategies post pandemic
  • Virtual Event will take place on 17 – 18 November through an interactive platform

CWC and Global Future Energy are hosting the Kurdistan-Iraq Economic Forum with the support of the KRG High Commission to the UK.

Sponsored by Chevron, the Forum aims to be the first gathering dedicated to the economic diversification of the Region, and will include 6 panel sessions, enabling senior decision makers across multiple industries to engage with each other virtually to address current issues and facilitate practical solutions to advance the economy in these challenging times.

Confirmed speakers include:

  1. HE Qubad Talabani, Deputy Prime Minister, Kurdistan Regional Government of Iraq HE
  2. HE Safeen Dizayee, Head of the Department of Foreign Relations, Kurdistan Regional Government, Iraq
  3. HE Karwan Jamal, Kurdistan Region High Representative to the UK, London
  4. HE Dr Amanj Raheem, Cabinet Minister, Member of the Oil & Gas Council, Kurdistan Regional Government, Iraq
  5. HE Kamal Muslim Saeed, Minister of Trade & Industry, Kurdistan Regional Government, Iraq
  6. Matthew M. Zais, Ph.D., Principal Deputy Assistant Secretary, Office of International Affairs, US Department of Energy

The Kurdistan Region has an opportunity to become an important commercial centre in Iraq and the region in order to attract foreign investments to implement strategic projects” said Prime Minister Barzani last month at the Supreme Economic Council meeting in the presence of Deputy Prime Minister Qubad Talabani and a number of ministers and governors.

In light of the current unprecedented circumstances, decision-makers and influencers from various industries will gather to unlock new business opportunities on all levels of the economy   by addressing the following themes:

  • Extending the Value Chain beyond Producing Oil: How the Oil Sector Could Enrich Economic Diversification?
  • Kurdistan plans to privatize the electricity sector, opportunities for investors
  • Diversifying the energy mix to increase the role of gas and renewables
  • How to grow non-oil sectors that will provide a sustainable source of growth?
  • Fiscal reforms packages to support the recovery of post pandemic
  • Maximizing strategic alignment with the major companies to support in building the region’s infrastructure
  • Promoting the growth of the economy through innovations in procurement and financial supply chain management processes

Over the past decade, the CWC Iraq Portfolio has hosted over 100+ Ministers and Senior Officials at various events. The Inaugural Kurdistan Iraq Economic Forum will bring together the international commercial executives interested in investing in Kurdistan.  CWC, now a brand of Global Future Energy, will again provide the only international platform for high level stakeholders in the Region to convene.

For further information, visit https://www.kurdistan-economic.com/

To access the full programme, please click here.

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Calls for Expression of Interest: Training on GBV Reporting

Calls for expression of interest: training on GBV reporting during health crises

The United Nations Population Fund (UNFPA) in Iraq will conduct in collaboration with UNFPA Syria Hub a training session for Arab-speaking journalists in Iraq on GBV reporting during health crises: COVID-19.

This training aims to provide participants with advanced skills in covering gender-based violence in light of the Covid-19 pandemic in Iraq and emphasise the role of the media in highlighting cases by producing good quality reports based on ethical standards.

The programme targets 25 journalists from all Iraqi provinces through the implementation of four online training workshops. Each session lasts one hour twice a week every Monday and Wednesday from 26 November until 10 December through the Zoom.

After the training, each participant will be required to prepare a report/story on gender-based violence in light of the COVID-19 pandemic.

Who can apply?

  1. The journalist should have experience in covering cases of violence
  2. The journalist should be able to speak and write in Arabic
  3. The journalist should present samples of previous journalistic work (links to press materials in the same field are preferred)
  4. The journalist should be committed to cover stories of GBV cases according to the standards delivered during the training
  5. The journalist should have a stable internet connection
  6. The journalist should be able to work full time during training days

How to apply?

FILL OUT THE FORM

Deadline:

Sunday 15 November 2020

(Source: UN)

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Iraqi Camp Closures leave 100,000 in Limbo

The ongoing rapid closure of displacement camps in Iraq is rendering homeless more than 100,000 people in the middle of the Covid-19 pandemic and at the onset of winter.

The Norwegian Refugee Council (NRC) is extremely concerned about the fate of thousands of displaced families living in camps across the country that are being closed down rapidly, including NRC-managed Hammam Al Alil Camp.

People in camps in Baghdad, Kerbala, Divala, Suleimaniya, Anbar, Kirkuk and Ninewa are being forced out with little notice, and are expected to return to their areas of origin. Many come from neighbourhoods that are still totally destroyed and they also risk being blocked at checkpoints, or even arrested, because of lack of security clearance and perceived affiliation with armed groups.

“Closing camps before residents are willing or able to return to their homes does little to end the displacement crisis. On the contrary, it keeps scores of displaced Iraqis trapped in this vicious cycle of displacement, leaving them more vulnerable than ever, especially in the middle of a raging pandemic,” said NRC Secretary General Jan Egeland.

So far, based on instructions by the Iraqi authorities, some 600 households have left Hammam Al Alil Camp — which is one of the largest displacement camps slated to close by next week.

Ahlam, a 49-year-old woman from Mosul living in Hammam Al Alil, burst into tears upon hearing about her forced eviction from the camp. “This is my home. Why would you force me out of my home? We will become homeless. It feels like a funeral to me.” She said her last resort would be to set up her tent somewhere in Mosul. Some camp residents have had to sell their tents simply to cover transport costs to go back to their areas of origin.

Tracking of people who have been forced to leave camps in Baghdad and Kerbala in the past weeks shows that nearly half of them have not been able to return to their areas of origin so far, according to the International Organisation of Migration. Many end up in precarious settings on the edge of towns, in damaged, unsafe apartments or unfinished buildings, lacking basic necessities and health care, and forced into further displacement.

A 47-year-old woman pushed out of a camp last year recounted how she had to move four times before ending up in another camp — a scenario faced also last week by evicted families who made plans to move to another camp only to be told the second camp is closing down too.

“The most difficult thing when they transport you in cars and you don’t know where you are heading, is to know that most of these areas do not want you,” the woman said.

NRC calls on the Iraqi government to provide a clear plan for camp closures and share that information with families at least a month ahead so that they can make necessary arrangements. Authorities need to ensure coordination with receiving districts so that returnees are not turned away at checkpoints, as well as involve humanitarian organisations in the planning so that returnees can be helped en route and upon arrival at their destination. Those who are unable to return safely to their homes also need to be provided with resettlement and local integration options.

“Anything short of such measures will expose tens of thousands of displaced Iraqis to continued deprivation, rejection and violence,” Jan Egeland added. “We urge the international community to keep supporting the Iraqis forced out of camps, many of whom have no chance of returning home. With the pandemic and onset of winter, it is urgent to scale up emergency support.”

(Source: NRC, ReliefWeb)

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Why you should come to IBBC Conference: Opportunity in Adversity

Why you should come to the IBBC Conference in Dubai, entitled ‘Opportunity in Adversity’

On 19th November the Iraq Britain Business Council (IBBC) is holding its Autumn conference in person at the Address hotel Dubai Marina.

Some would say it’s a brave decision, considering COVID, but others are keen to take up the challenge and opportunity to engage, meet, listen to expert business voices of Iraq and overall have proper opportunities for networking.

Not only do we have a good level of members signed up to attend, but also one of the strongest line ups of speakers, ready and willing to address the opportunities for Iraq in 2020.

The backdrop to this conference is not just COVID, but the election of a new American President, rising oil prices, a fundamental change in the way oil and gas companies are globally which will also affect their work in Iraq, a Government willing and able to make significant changes, in the way finance operates, investors can start up and a white paper that will impact a range of activity and on-going digital modernisation.

All these topics will be covered, and we are expecting significant speakers and attendees from our membership and the Ministry of Oil, the Deputy Minister of Electricity, and online from the World Bank, Central Bank payments director and Ministry of Communications, Mastercard and Zain Cash to name a few.

You can hear about one of the biggest changes as the oil and gas companies redefine themselves as Energy companies, and vertically integrate fuel with electricity generation. BP, Shell, Siemens and Ministry of Electricity will address this and other matters on the Energy panel.

On the Finance panel, we are looking at how to operate successfully in the present very challenging financial situation of the country. New proposals by the Government’s white paper will also be discussed and how these align with the need of private sector.

Finally, the Tech Forum with the World Bank on the digitisation of Iraq, the progress that is being made with GOI, and to hear from Mastercard and GSMA and Thinkbank on consumer online behaviour and attitudes.

Now is a great opportunity for change and we believe Iraq won’t let the opportunity go to waste. Iraq is at a critical inflection point and the Government understands the importance of encouraging the private sector as a vehicle to solving investment, jobs and diversifying the economy at this time, which is why we are expecting a strong attendance from members and speakers alike from sectors crucial to Iraq’s future.

As we look to the coming year, we see a Government making good decisions, investing in large projects, understanding the importance of diversifying its economy and also providing work and opportunity to its young population.

Now is the time to turn up, attend and make plans for the future of Iraq, and we look forward to welcoming you.

Please register here:

https://iraqbritainbusiness.org/event/ibbc-autumn-conference-at-the-address-hotel-dubai-marina

The post Why you should come to IBBC Conference: Opportunity in Adversity first appeared on Iraq Business News.

Drug Smuggling and Abuse on the Rise in Iraq

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

Drug smuggling, abuse on the rise in Iraq

Iraq suffers from the flow of drugs from neighboring countries, especially Iran, through the marshes and other border crossings, and the spread among the youth has become a threat to society.

Click here to read the full story.

The post Drug Smuggling and Abuse on the Rise in Iraq first appeared on Iraq Business News.