Engineering, Procurement, Construction

EPC

Oilfield Supply
and Services

KPS

Machinery

Machinery

Distribution

Distribution

Merging top quality international standards of performance and execution with three hundred years of history as one of Iraq’s most prominent commercial families, the Khudairi Group (KG) is a leading provider of solutions to the oil and gas, and construction industries in Iraq.

Recent News

  • By John Lee. Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of $19.7 million ($15.5 million net to GKP) has been received from the Kurdistan Regional Government (KRG) for Shaikan crude oil sales during March 2018. (Source: GKP)
  • By John Lee. Iraqi Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has announced that the Kirkuk-Baiji-Baghdad pipeline is now operational. According to a statement from the Ministry, the 16-inch crude oil pipeline was completed in record time. Running for 180 kilometers, the pipeline will supply the refineries of Baiji and Daura, and the Quds […]
  • By John Lee. The US oil company Chevron has signed an agreement with Iraq’s Basra Oil Company (BOC) and Dhi Qar Oil Company (DQOC) to provide expertise and services, including seismic surveys, to the Iraqi companies. Assim Jihad, Spokesman for the Ministry of Oil, said the Ministry aims to sign more memorandums of understanding with […]
  • By John Lee. Iraq’s Ministry of Oil has made its first direct shipment of crude oil since 1991. The two-million barrel shipment was made via its subsidiary company, the Iraqi Oil Tankers Company (IOTC). It will be delivered to a US-based customer of the State Oil Marketing Organization (SOMO). (Source: Ministry of Oil)
  • By John Lee. Iraqi Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has contradicted a recent report originating from Iran’s oil ministry news agency Shana, claiming that the Iran-Iraq oil swap had started. Reuters quotes the minister as saying that implementation of the agreement has been delayed due to “logistical issues“. (Source: Reuters)
  • By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  On May 30, the Independent High Electoral Commission of Iraq annulled votes cast at more than 1,000 of the country’s polling stations, including 186 stations in Kirkuk, a city […]
  • Iran started swapping oil with Iraq’s Kirkuk on Sunday, after the two neighbours sorted out the logistic issues that were preventing the swap’s startup. According to the CIF-based swap deal, Iran receives 30,000 to 60,000 bpd of oil from the Kirkuk oil fields in northern Iraq to an Iranian refinery across the border via tanker […]
  • By John Lee. UAE-based Crescent Petroleum has signed the initial contracts to develop the oil fields of Gilabat-Qumar (in Diyala), Khashim Ahmer-Injana (in Diyala), and Khudher Al-Mai [Khider al-Mai] (in Basra and Muthana). Mr. Abd Allah Al-Kadhi, the head of exploration and production in the company, said that production will start after three years. The […]