Asia Iraq The Iraqi Drilling Company launched its largest rig, IDC 57, in the Majnoon oil field; the 3.000-horsepower rig is capable of drilling wells up to 8.500 metres deep
Asia Iraq OPEC Secretariat has received an updated compensation plan from Iraq for excess oil volumes produced in the first seven months of 2024
Asia Iraq The country plans to build five new thermal power plants to add 10.000 megawatts to its electricity grid; the new power plants will be closed-cycle thus able to run on different fuels
Asia Iraq In support of the national zero-grade flour production, the Iraqi government approved the local sale of wheat to licensed public and private mills at prices equivalent to the import price
Asia Iraq For the Baghdad Metro project, Iraqi Prime Minister Mohammed Shia al-Sudani announced the accreditation of the winning consortium; the metro is considered a crucial to improve urban mobility and stimulating economic growth