Tag: iraq

Iraq: offshore oil export facilities

Foster Wheeler AG has announced that its UK-headquartered subsidiary Foster Wheeler Energy Ltd, part of its Global Engineering and Construction Group, has been awarded a contract by the South Oil Co. for the basic engineering of new oil export facilities, to supplement the existing Al-Basra terminal in Iraq.

Iraqi oil contracts

Executives from leading industrial and energy companies hope to secure some of the millions of dollars expected from US contracts to restore Iraqi oil production.

Iraqi contracts handled with caution

More than 200 companies are expected to compete for up to USD 1 billion in contracts to repair Iraq's oil infrastructure, but continued violence there has tempered some interest.