Kurdistan

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Harris Corporation (NYSE:HRS), an international communications and information technology company, has received a $51 million order from the Government of Iraq to provide high-performance tactical communication solutions for a range of security missions.

Iraq is acquiring radios and accessories from both the Harris Falcon II and Falcon III families for its security forces. As part of the order, Harris will provide Falcon III® RF-7800S wideband Secure Personal Radios, Falcon II® RF-5800M multiband handheld radios and RF-5800H high-frequency manpack radios, along with accessories and training services.

“The Falcon family of Harris radios will provide Iraqi security forces with field-proven, secure communications for a broad range of challenging missions,” said Brendan O’Connell, president, International Business, Harris RF Communications. “Harris offers the most complete portfolio of combat-proven tactical radios and related mission-critical products that address current and emerging needs of forces operating in harsh environments.”

The Falcon III RF-7800S is a lightweight body-worn tactical radio that provides full-duplex voice and data communications over 2 kilometers. The RF-5800M-HH is an advanced, multiband, multi-mission handheld radio that provides voice and data in the 30 MHz to 512 MHz frequency range. The RF-5800H is a high-frequency manpack radio for secure, reliable beyond-line-of-site terrestrial communications.

Harris RF Communications is the leading global supplier of secure radio communications and embedded high-grade encryption solutions for military, government and commercial organizations. The company’s Falcon® family of software-defined tactical radio systems encompasses manpack, handheld and vehicular applications. Falcon III is the next generation of radios supporting the U.S. military’s Joint Tactical Radio System (JTRS) requirements, as well as network-centric operations worldwide. Harris RF Communications is also a leading supplier of assured communications® systems and equipment for public safety, utility and transportation markets — with products ranging from the most advanced IP voice and data networks to portable and mobile single- and multiband radios.

(Source: Harris)

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Iraq’s National Investment Commission (NIC) in cooperation with Anbar province and Anbar Investment Commission has announced several investment opportunities within the new Habbaniya [Habaniya] city in Anbar, with a total area of 16,000 acres:

The project is a complete city and contains:

  • 5,000 horizontal housing units;
  • 11,000 vertical housing units;
  • Schools (kindergartens, primary, intermediate, secondary schools);
  • University, colleges and educatory institutions;
  • Hotels and a tourists resort;
  • Research and Entertainment centers;
  • Stadium and sport halls;
  • Hospitals and specialized medical centers;
  • Governmental centers.

Investors wishing to apply for this investment opportunity may submit their completed investment applications with the economic and technical offers and the financial plans either to NIC by email: oss@investpromo.gov.iq

Or to Anbar Investment Commission through the following phone No:

(07902402937).

(Source: NIC)

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Shell has announced that it has granted a $63 million contract to build an electricity generation plant for its gas capture project southern Iraq to Swiss engineer ABB Ltd.

Jasser Hanter, general director of the Shell gas project, told reporters that ABB will build two 25 megawatt power plants at Khor al Zubair.

The $17 billion Basra gas project led by Shell and Mitsubishi aims to harvest natural gas that is now flared off by Iraq’s oil production and use it to generate electricity.

(Source: Reuters)

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Three sports stadiums are set to be built in Baghdad under plans announced by Kamel Braihi, the director of the engineering and technical department in Iraq’s Ministry of Youth and Sports, reports AKnews.

He said the three stadiums, to be built to international standards, will be constructed in Sadr City, Rusafa and Tajiyyat.

The contract for the stadium in Sadr City (pictured) has been awarded to the Turkish company Nurol. The 30,000 seat venue will be completed in two and a half years at a cost of 116bn IQD ($99.5m).

The 30,000 seat Rusafa stadium will be built by the Spanish company Tri Arena in approximately one year and eight months at a cost of 114bn IQD ($98m).

The stadium in Tajiyyat will accommodate 60,000 spectators, and will be built by Iranian company Baland Baya in roughly two and a half years at a cost of 227bn IQD ($195m).

(Source: AKnews)

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RW [Rotondo Weirich], through its division in United Arab Emirates, RW Middle East, has built the first modular precast concrete villa, located in Samawah City, Al Muthanna Governorate, Southern Iraq.

This 2,500 ft2 villa demonstrates the technology and benefits of fast track precast modular concrete construction versus other methods of residential building in the gulf region, such as precast panels or traditional masonry construction.

“Imagine assembling a secure, sustainable, villa in just one day, allowing for thousands to be built in half the time of traditional masonry construction. That’s exactly what we have done,” says Ahmed Halet of RW Middle East.

RW shipped their formwork from the US to Southern Iraq, and specialized supervisors temporarily moved to Samawah City to manage and train local Iraqi workers in modular precast construction. All materials and equipment used to build the villa were procured locally and the local workers gained knowledge and training which can now be transferred to their next jobs.

Developers are finding RW’s precast modular construction to be an ideal fit for building in the Middle East. By producing the modules onsite, the time and risk usually present when transporting modules from a factory to the site is removed. Once pulled from the mold, the pieces are erected into place and finishing begins. Schedules are drastically reduced, there is minimal waste, significant cost savings, and the result is a sustainable, durable, and secure product.

“Precast modular construction is the right fit for new large scale housing due to the fast paced construction, strength, and durability of the materials and technology used,” said Steve Weirich, President and CEO of RW. “Once a project has been slated for construction, one 4-bedroom villa can be produced per day per set of formwork.

The model villa is complete with interior finishes, electrical, and plumbing, and it is open for demonstration and viewing purposes. RW’s vision is to produce thousands of the modular precast villas to provide high quality, affordable housing for citizens of Southern Iraq. The team intends to expand construction activities to other areas and countries in the Middle East.

(Source: Rotondo Weirich)

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The Iraqi Oil Ministry announced on Sunday that it sdecided to implement a deal made with Jordan in August to raise the level of oil production to between 10,000 and 15,000 bpd.

Falah al-Amiri, the Director General of SOMO, the State Oil Marketing Organization, told AKnews that the Iraqi government decided to form a committee to address the obstacles that have hindered the export of 15,000 barrels per day to Jordan using trucks.

“Iraq is exporting about 6,000 bpd of crude oil to Jordan at $5 less than the worldwide price of oil barrel,” he said.

“The Ministry of Oil is serious in its plan to raise its oil exports through oil ports and in particular Turkey’s Ceyhan pipeline.”

(Source: AKnews)

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AKnews reports that Iraqi Kurdistan will be able to produce 400,000 barrels per day (bpd) of crude oil by the end of the year, an increase of 128% from current 175,000 bpd.

“The successful policies of the KRG has made it possible for the region to start from scratch and is now capable of produce 175,000 bpd,” the Minster of Oil and Natural Resources, Ashti Hawrami, said on Monday.

“At this rate, by the end of this year our daily production will hit 400,000 bpd. We have plans to increase our production capacity to one million bpd by 2014, and two million bpd by 2019.”

Currently, 48 companies from 18 countries work in the oil and gas sector in Kurdistan.

(Source: AKnews)

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Former oil ministers from OPEC nations Iraq, Algeria, Libya and Nigeria have established a group to offer advice on energy policy and business strategy.

Issam Chalabi (pictured), Shokri Ghanem, Chakib Khelil and Rilwanu Lukman, former oil ministers of Iraq, Libya, Algeria and Nigeria respectively, set up the alliance following a meeting in Vienna in February.

Their aim is to address energy issues including governments, oil companies, financial institutions, energy agencies, services companies, construction, engineering and manufacturing.

  • Chalabi was Iraq oil minister between 1987 and 1990 and the former head of the Iraqi National Oil Company (INOC).
  • Ghanem was the Libyan oil head until he defected from Libya last year following the uprising against former president Gaddafi.
  • Khelil was removed from his post as Algerian oil minister last year after spending almost 11 years in the position, and has served as president of the Organization of Petroleum Exporting Countries (OPEC).
  • Lukman was the Nigerian oil minister twice for the periods 1986 to 1990 and 2008 to 2010, and has served as president of the Organization of Petroleum Exporting Countries (OPEC).

(Sources: Wall Street Journal, Business Day Online)

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Baker Hughes has joined BP and Schlumberger on separate talks with Iraq to more than double the output from the giant Kirkuk oil field in northern Iraq, according to Dow Jones.

“Iraq is conducting preliminary talks with these three companies to examine plans to develop the field,” an Iraqi oil industry figure said on Monday.

Iraq is aiming to sign a 5-10 year deal with one of these firms to bring output from the field from roughly 280,000 barrels a day currently to 600,000-700,000 bpd over the next five years.

(Source: Dow Jones, Reuters)

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Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in oil and gas

The Iraqi Oil Ministry will issue the final draft contracts for the next round of energy-exploration rights on 20th April 20, according to a report from Bloomberg.

Companies that were pre-selected to bid in the two-day May 30 licensing round have until today (Thursday) to comment on the preliminary drafts, Abdul Mahdy al-Ameedi, the director-general of the licensing department said, told the news agency on Wednesday.

The licensing round has been repeatedly delayed to allow more time for companies to make remarks and changes so that the agreements are more attractive for investments.

Iraq is auctioning 12 exploration blocks, seven for oil and five for gas, according to the ministry. They contain 29 billion cubic meters of gas and 10 billion barrels of crude, Oil Minister Abdul Kareem al-Luaibi [Elaibi] said.

(Source: Bloomberg)

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