By John Lee.

Shell has reportedly evacuated its foreign staff who had been working at the Basra Gas Company (BGC).

BGC executives told Reuters that around 60 staff were flown out on Wednesday after workers who had been laid off staged a protest.

Shell has a 44-percent stake in the $17-billion, 25-year BGC project, with Iraq’s South Gas Company (SGC) having 51 percent, and Japan’s Mitsubishi 5 percent.

(Source: Reuters)

IBBC host a roundtable discussion with His Excellency, Mr Jaafar Al-Sadr

On Wednesday 4th December the Iraq Britain Business Council (IBBC) was pleased to host a roundtable discussion chaired by IBBC President Baroness Nicholson with Iraq’s newly appointed Ambassador to the UK, His Excellency, Mr Jaafar Al-Sadr, and fellow diplomats Dr Ahmed Al-Nakash and Ms Hanaa Jawad.

The meeting was attended by several IBBC member representatives including from Al Hadeel Al Hassan LLC, Constellis, EAME, Ernst & Young, March Holdings, Mutual Finance Ltd, Perkins & Will, Protechnique, PWC, Rolls Royce, RSK, Shell, Unihouse Global and Xratech.

His Excellency, Mr Al-Sadr introduced himself and opened a constructive discussion on current affairs in Iraq.

Baroness Nicholson, gave a summary of the history of IBBC in Iraq, its membership and the many events and activities it supports Iraq and the UK.

There was a good interactive discussion which identified opportunities for further cooperation between IBBC, its members and the Government of Iraq. Baroness Nicholson noted that the IBBC and its members looked forward to working closely with the Ambassador in the months and years ahead, and HE Al-Sadr expressed his appreciation for the continuing support of IBBC and its many members.

(Source: IBBC)

By John Lee.

Shell has reportedly announced that the Basrah Gas Company (BGC) has taken a “final investment decision (FID)” on its growth programme, which will increase BGC’s capacity by 40 percent.

According to Oil and Gas Middle East, the decision was taken with the support of all BGC’s shareholders: South Gas Company (SOC), Shell and Mitsubishi.

BGC captures flared gas from the Rumaila, West Qurna 1 and Zubair oilfields, converting it into dry gas for power generation and liquids for the domestic market and for exports.

At the heart of the new development is the Basrah Natural Gas Liquids (Basrah NGL) project; a 400 million standard cubic feet per day greenfield gas processing plant at Ar Ratawi.

More here.

(Source: Oil and Gas Middle East)

By John Lee.

The Basra Gas Company (BGC) is expected to increase production from its current level of 900 million cubic feet per day (mcf/d) to 1,050 mcf/d by the end of this year.

A statement from the Ministry of Oil on Thursday added that the project aims to reach a target of 2,000 mcf/d from the fields of Rumaila, Zubair and West Qurna 1.

Shell has a 44-percent stake in the $17-billion, 25-year BGC project, with Iraq having 51 percent, and Japan’s Mitsubishi 5 percent.

(Source: Ministry of Oil)

Iraq Britain Business Council completes productive trade mission to Baghdad

IBBC recently completed a productive mission to Baghdad, meeting with high-level government officials and British authorities in Iraq. Baroness Nicholson of Winterbourne, President of IBBC and the Prime Minister’s Trade Envoy to Iraq led the delegation alongside Mr Rasmi Al Jabri, Deputy Chairman of IBBC, Mr Christophe Michels, Managing Director of IBBC and Mr Vikas Handa, IBBC representative in the GCC.

IBBC was joined by numerous member representatives, including from Al Bilal Group, Al Burhan Group, Al-Nukhba OFS, ARCHS, Constellis, Dar Group, EY, Gulftainer, G4S, Khudairi Group, International Islamic Bank, Kuwait Energy, Management Partners, Menzies Aviation, Mosul University, National Bank of Iraq, Ratba’a Contracting, Serco, Shell, Standard Chartered Bank and Turnkey LLC.

The delegation visited soon after the election of President Dr Barham Salih, who took time out of his busy schedule to meet Baroness Nicholson and the IBBC leadership who were joined by HMA Jon Wilks. Dr Salih has been a close friend of the IBBC for many years and recently spoke at the IBBC Cumberland Lodge Conference in July.

On Sunday 7 October the delegation held meetings with the Governor of the Central Bank of Iraq, Mr Ali Mohsen Ismael Al Alaq, H.E. Mr Adbuallah Luabea the Deputy Minister of Transport, Mr Fayadh Neema, Senior Deputy Minister of Oil and Dr Sami Al Araji, Chairman of the National Investment Commission. The delegation were hosted by the Iraqi Federation of Chambers of Commerce in the evening for dinner.

On Monday the delegation met with Dr Mehdi Al Alak, Secretary General of the Council of Ministers, Dr Hameed Ahmed Deputy Chairman of the Council of Ministers, Dr Sabah Mushatat, Economic & Investment Advisor to the Prime Minister of Iraq, Dr Mudher Mohammed Saleh, Finance Advisor to the Prime Minister of Iraq and with Ján Kubiš Special Representative of the Secretary-General and Head of the United Nations Assistance Mission for Iraq.  In the evening Ambassador Jon Wilks hosted a reception for the delegation and Iraqi dignitaries at his residency.

Before leaving Iraq, Christophe Michels visited Serco, who are working with the Iraqi Civil Aviation Authority at Baghdad International Airport. Serco supports the Iraqi authorities in managing the entire spectrum of air traffic control in Iraq including the increasing number of international overflights.

(Source: IBBC)

The Deputy Chairman of the Iraq Britain Business Council (IBBC), Rasmi Al Jabri, and Managing Director, Christophe Michels, hosted a dinner for members and guests at the Babylon Warwick Hotel in Baghdad on 29th August.

Many representatives from member companies were in attendance, including the Chairman of Khudairi Group and the International Islamic Bank, the CEO’s of Kuwait Energy and the National Bank of Iraq, as well as representatives from Al Burhan Group, Al Nukhba-OFS, Constellis, G4S, Standard Chartered Bank, Serco, Shell and XReach Ltd.

Ms Beverly Simpson, Iraq Country Director for the Department for International Trade, gave guests an update on the latest visa and labour regulations being applied in Iraq, followed by a discussion.

(Source: IBBC)

By John Lee.

Shell has reportedly exited the Majnoon oilfield and handed over its operations to the Basra Oil Company (BOC).

Sources told Reuters that the handover was formalised on Wednesday, and that the process was “smooth“.

According to the news agency, Anton Oilfield Services (AntonOil) and Petrofac will now operate the giant oilfield on behalf of the BOC, under a two-year contract; last month, KBR announced that it will has been awarded a contract for the development of the field.

(Source: Reuters)

By John Lee.

Sharjah-based Ducorr has reportedly completed the design and deployment of a cathodic protection system for Shell’s Majnoon oil field.

Construction Week Online quotes company sources as saying that the flowlines were buried in very corrosive soil, hence the need for protection.

(Source: Construction Week Online)

KBR, Inc. announced today that it has been awarded a contract by the Basra Oil Company (BOC) for the development of the Majnoon Oil Field in Basra, Iraq.

Under the terms of the contract, KBR says it will provide overall project management, multi-discipline engineering support, procurement and construction management services to BOC under a two plus one year extendable service contract.

Jay Ibrahim (pictured), KBR President Europe, Middle East, Africa and Asia-Pacific region, commented:

KBR has a long and rich history in Iraq and we are excited to be able to leverage our broad expertise in onshore oil and gas processing facilities across the project lifecycle as a true partner to BOC.

“This award highlights BOC’s confidence in KBR’s capabilities to deliver in multiple engineering discipline areas across a variety of projects. We look forward to transferring our knowledge and experience to local Iraqis in order to leave a lasting legacy in the country.

A statement from the Ministry of Oil at the end of April put the value of the contracts with KBR and China’s Anton Oilfield Services Group (Antonoil) at $118 million, adding that there would be “other secondary contracts” to follow.

BOC is expected to take over operations at Majnoon from Shell by the end of June.

(Sources: KBR, Ministry of Oil)