The Foster Wheeler contract value for this project was not disclosed, and will be included in the company’s first-quarter 2009 bookings.
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Iraq has signed contracts worth an estimated $80 million to repair fragile oil export infrastructure in the south and ready it for expansion.
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Chennai-based BGR Energy Systems Ltd (BGR Energy's) oil and gas equipment division has won a contract worth $8.57 million from Iraq, to design, manufacture and supply 14 floating- and fixed-roof steel storage tanks.
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BAGHDAD (Reuters) - Iraq must curb its dependence on oil revenue and promote investment in agriculture and industry or it will face a severe economic crisis if oil prices remain low, the planning minister said on Sunday.
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The ITUC has expressed deep concerns over the planned holding of trade union elections in Iraq in March under the legal framework inherited from the regime of Saddam Hussein, in violation of international law on freedom of association.
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Planning minister says Iraq aims to boost farming, industry, religious tourism amid tumbling oil prices.
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Canadian oil company Niko Resources has started a seismic acquisition programme at the Qara Dagh block in Iraq's Kurdistan region
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Statements made by Iraq's oil minister over the weekend might just be a sign that the country is on the verge of becoming a meaningful member of OPEC once again
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