Iraq

Siemens has won a contract to upgrade one of the four 320MW turbines

GE Grid Solutions will also develop 14 substations under an agreement with Iraq’s Ministry of Electricity

UN Environment conducted a five-day training workshop and provided portable oil contamination analysers, sampling tools and personnel protective equipment

UK Export Finance (UKEF) is to provide $210.8 million (£148.9m) to help General Electric (GE) Global Services secure a landmark gas turbine contract in Iraq. The project will upgrade and repair existing turbines across 10 sites to deliver an improved and secure power source, able to generate 6.5GW of capacity and powering millions of homes across […]

Siemens has inked a deal with Iraq’s Ministry of Electricity to modernise four power plants in the country. With 15,700MW of available power generating capacity, the government is working towards improving the availability and reliability of power supply while minimising losses. Siemens said the multi-million euro service contracts will see the company enhance the efficiency […]

UK Export Finance (UKEF) is providing $17 million (£13m) for two firms to deliver power projects in Iraq. Enka UK and General Electric (GE) will use the financing for the construction of two 150MW gas-fired power plants at Dhi Qar and Samawa in southern Iraq. They are expected to help alleviate severe energy shortages in […]

Islamic State (IS) militants reportedly attacked a power station in the Iraqi city of Kirkuk today. Reports claim at least 13 workers were killed when the suicide bombers stormed the facility and blew themselves up. It is believed to be aimed at diverting security forces from a massive offensive against IS-held city of Mosul. The […]

Siemens is to help Iraq modernise its energy infrastructure and the oil and gas sector. It has signed a Memorandum of Understanding with the Federal Government of the Republic of Iraq to strengthen collaboration with the Ministry of Energy and the Ministry of Oil & Gas. The technology giant will develop an enhanced energy concept […]

Iraq was the second leading contributor to the growth in global oil supply last year, behind only the US. Crude oil production in Iraq averaged four million barrels per day (b/d) in 2015, almost 700,000 b/d above the 2014 level. The country is the second largest oil producer in the Organisation of the Petroleum Exporting […]

Oil production from the Organisation of the Petroleum Exporting Countries (OPEC) was 31.28 million barrels per day (b/d) in June. New figures revealed production last month increased by 170,000 b/d compared to May. It stated this is the fourth consecutive monthly rise since February as Saudi Arabia and Iraq are generating more oil,, according to Platts. Saudi […]