by Maher Nazeh (Reuters) – Iraq agreed to a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction ($047040.KS) on Wednesday to build the first phase at its planned…
Iraq
Iraq Signs $2.6 Billion Deal with DSME to Build First Phase of Faw Port
BAGHDAD, Dec 30 (Reuters) – Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction (047040.KS) on Wednesday to build the first phase at its planned Faw…
BOOK REVIEW | Mosul: Australia’s Secret War Inside the ISIS Caliphate
When this book first arrived from the publisher, your reviewer was tempted to bin it. Its rather “sensationalist” cover reminded him of the avalanche of books about ..
Report to Congress on Middle East Arms Sales
The following is the Nov. 23, 2020 Congressional Research Service report, Arms Sales in the Middle East: Trends and Analytical Perspectives for U.S. Policy.
From the report
This report analyzes state-to-state arms sales in the Middle East with a particular focus on U.S. transfers, as authorized and reviewed by Congress. Arms sales historically have been one important means for Congress to influence U.S. foreign policy toward the Middle East. The information in this report, including sales data,...
https://news.usni.org/2020/11/24/report-to-congress-on-middle-east-arms-sales
Iraq link for Omani ports
The first direct shipping service connecting Omani ports and Iraq’s Umm Qasr port has been launched by the Asyad group.
Initially a weekly link will be provided between Salalah, Duqm and Sohar and Umm Qasr, with the aim of increasing the volume of intra-regional trade, and opening up mutual investment prospects. According to Asyad, in addition to enhancing both countries trade capabilities, the new direct service between Oman ports and Umm Qasr Port will in particular provide a range of options...
https://www.themaritimestandard.com/iraq-link-for-omani-ports/
COLUMN | SBM, Sonangol and Unaoil: oil industry corruption goes on and on and on [Offshore Accounts]
Last week saw another big win in the Serious Fraud Office’s efforts to bring yet another perpetrator to justice in the UK as part of the prosecutions in the Unaoil ..
Colombo Dockyard launches buoy tender for Iraqi operator
Sri Lankan shipbuilder Colombo Dockyard launched a new buoy tender vessel into the water on Wednesday, July 22. The vessel is being built in fulfillment of an order ..
COLUMN | SBM Offshore’s staff and agents in the dock again (twice) [Offshore Accounts]
Bribery scandals in Brazil and Iraq connected with SBM Offshore claimed more scalps this month. We previously covered here how SBM’s former CEO Tony Mace had been ..
An OPEC+ Country Forsee Deadlock Due To Cut in Oil Production!
- Iraq, OPEC’s second largest oil producer, has instructed its biggest company, Basra Oil Co. (BOC), to cut output from May.
- It is a part of its efforts to reduce its output by 1 million bpd, or 1% of global supply.
- But it has yet to agree an action plan with other oil companies such as BP BP.L, Exxon XOM.N, Eni ENI.MI or Lukoil LKOH.MM, which operate the biggest fields in the country.
Ahmed Rasheed, Alex Lawler and Ahmad Ghaddar write for Nasdaq about Iraq’s difficulties to fully implement an...
https://mfame.guru/an-opec-country-forsee-deadlock-due-to-cut-in-oil-production/
U.S. Could Do More to Deter Iran Gray Zone Strategy, Experts Say
STRAIT OF HORMUZ (Aug. 12, 2019) Amphibious assault ship USS Boxer (LHD 4), Fleet replenishment oiler ship USNS Tippecanoe (T-AO 199) and amphibious transport dock ship USS John P. Murtha (LPD 26) transits the Strait of Hormuz. Navy photo
When American administrations develop a deterrence strategy for Iran in the Middle East, a model to follow could be how Israel runs a covert military campaign against Iran in Syria while pursuing public diplomacy with Russia, a new report states.
The way Israel...
https://news.usni.org/2020/04/23/u-s-could-do-more-to-deter-iran-gray-zone-strategy-experts-say