Iraq to buy "giant" oil tankers to boost fleet
OPEC member Iraq is planning to buy giant oil tankers to boost its shipping fleet as it is pushing ahead with post-war plans to expand its hydrocarbon sector, an official was quoted on Wednesday as saying. Ali Qais, Director General of the state-owned Iraqi Oil Tankers Company, said Iraq has just launched a new tanker into service and that ...
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Q&A: Ali Qayas Abdul-Jabber, director general of the Iraqi Oil Tankers
Q&A: Ali Qayas Abdul-Jabber, director general of the Iraqi Oil Tankers Company. Iraq's state-run tanker company is expanding its fleet and preparing to start handling some of the country's crude exports. BASRA - The company has specialized mainly in transporting heavy fuel oil in recent years, but with the ongoing expansion of …
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Jiyad: Båtservice Dubious Contract with IOTC Revisited
The Iraqi Oil Tanker Company (IOTC), an affiliate of the Ministry of Oil (MoO), had previously contracted, in 2020, with the Norwegian Båtservice (Boat Service) company to build two tankers for petroleum products. At that time, many questions and some doubts arose.
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Iran Starts Production at Oilfield Shared with Iraq
A statement from Iran's NIOC said: "Representing the National Iranian Oil Company (NIOC), the Petroleum Engineering and Development Company (PEDEC) is managing the project and the Dana …
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Iraq Launches New Oil Tanker | Iraq Business News
Iraq's Deputy Prime Minister for Energy Affairs and Oil Minister has launched Iraq's latest oil tanker, the Akkad. Speaking at the event, Minister Hayan Abdul Ghani emphasized the Ministry's commitment to bolstering the Iraqi Oil Tankers Company (IOTC) with new vessels. The new tanker has a capacity of 32,000 tons, and measures.
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Iraqi Oil Tankers Company | Iraq Business News
The Iraqi Oil Tankers Company has extended the deadline for tenders for the purchase or construction of a crude oil tanker to Monday (April 23). The vessel should have a deadweight of at least 6,000 metric tons, and, bizarrely, the tender document states that the year of build should be 2011.
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Iraq starts exporting first crude oil cargo through IOTC
Iraq has started shipping crude oil through its Iraqi Oil Tankers Company (IOTC) for the first time since 1991, the oil ministry said on Wednesday.
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Iraqi Oil Tankers Company to Expand its Fleet
The Iraqi Oil Tankers Company (IOTC) has confirmed that it plans to increase the size of its fleet. The company's general manager, Ahmed Khazal, told the Iraqi News Agency (INA), that it will both build and buy new tankers.
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maytham abdulkareem
Graphic Designer, 4 years experience. · HSE officer with 2 years of experience in the field of ( HSE Health, Safety and Environment ) Proficient in risk assessment, safety program development. Passionate about creating and fostering a culture of safety. Experienced in Oil field . Committed to minimizing risks, preventing incidents, and promoting employee …
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Production Re-Starts at Qayara Oil Field
The government aims to support both national and local carriers in the public and private sectors, particularly the Iraqi Oil Tankers Company (IOTC) and the General Company for Iraqi Railways.
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Iraq Inks Deal With Norwegian Firm to Build Oil Tankers
Iraq has reached an agreement with Norwegian shipbuilder Batservice Mandal over the construction of two oil tankers with a capacity of 30,000 tons each, Oil Minister Ihsan Abdul Jabbar said on Tuesday. The tankers will be delivered in 18 months and are part of the ministry's efforts to rebuild an Iraqi tanker fleet that has been …
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IRAQI OIL TANKERS COMPANY
Find company research, competitor information, contact details & financial data for IRAQI OIL TANKERS COMPANY of Al Basra. Get the latest business insights from Dun & Bradstreet.
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Iran seizes oil tanker St Nikolas near Oman
Iran has seized a Marshall Islands-flagged oil tanker in the Gulf of Oman. Armed men wearing masks reportedly boarded the vessel St Nikolas, close to the Omani port of Sohar, and ordered it to ...
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Iranian Navy Says It Seized an Oil Tanker Off the Coast of …
Iran's navy said it had seized a tanker loaded with crude oil off the coast of Oman on Thursday, apparently in retaliation for the United States confiscating oil from the same ship last year.
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New Oil Tanker joins Iraqi Fleet | Iraq Business News
While the Director General of the Iraqi Oil Tankers Company (IOTC), Ali Qais, confirmed the ministry's and the minister's support for building a new fleet for the Iraqi Oil Tankers Company by strengthening the company's balance of oil tankers, which were damaged by wars.
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Tanker Trackers: After Iraqi Oil Blending Scheme, Iran Found …
An apparent scheme by Iran and its shipping industry allies to blend U.S.-sanctioned Iranian oil with Iraqi oil in 2020 was short-lived, according to tanker trackers who say Tehran dropped it in ...
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Aissot set for sizeable profit by reletting Evalend tanker newbuildings
Aissot is a joint venture between Iraqi Oil Tankers Co and Arab Maritime Petroleum Transport Co (AMPTC). It has built up a fleet of some 11 chartered VLCCs from various owners, believed to be all ...
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Iraq's Energy Sector: A Roadmap to a Brighter Future
This report maps out immediate practical actions and medium-term measures to tackle the most pressing problems in Iraq's electricity sector. It also takes a detailed look at the country's oil and gas sector, projecting that Iraq's oil production will grow by 1.3 million barrels a day by 2030, becoming the world's fourth-largest oil ...
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IRAQI OIL TANKERS CO-IRQ, Basrah, Iraq | World Shipping …
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Ambitious Iraq Oil Tanker Company aiming to emulate …
Iraq is rebuilding its state-owned crude oil tanker fleet with the aim of emulating the strategy of Saudi Arabia: sell its crude oil on a delivered basis and manage the shipping of crude oil to its customers. The strategy is to mimic the actions of Bahri. Some five years ago, the state-owned National Shipping Company of Saudi Arabia and …
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IRAQI OIL TANKERS COMPANY
IRAQI OIL TANKERS COMPANY, AMBER, fleet safety risk rated. Get the latest online operator and fleet vessel safety risk warnings with easy to use red, amber and green safety warning.
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Iraqi Oil Tanker Company
Acronym Definition; IOTC: Institute on the Constitution (Pasadena, MD): IOTC: Indian Ocean Tuna Commission: IOTC: Information Operations Technology Center: IOTC: Initial Officer Training Course (UK): IOTC
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Why Iraq's Oil Tanker Ambitions Have Not Made It to Deep …
To this end, the Iraqi Oil Tankers Company (IOTC) recently added a new oil products tanker to its small fleet. Its vessels mostly operate within Iraqi waters, shuttling heavy fuel oil from two ports in the south of the country. The Sumer, a medium range …
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Iraq's Oil Tanker Ambitions | Iraq Business News
To this end, the Iraqi Oil Tankers Company (IOTC) recently added a new oil products tanker to its small fleet. Its vessels mostly operate within Iraqi waters, shuttling heavy fuel oil from two ports in the south of the country. The Sumer, a medium range ship with 31,000 deadweight tonnage (dwt) built in China, arrived in Iraq in September.
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Why Iraq's oil tanker ambitions have not
The first Iraqi oil tanker to carry "nationally produced" crude was the Al-Rumaila, which embarked on its maiden voyage in Apr. 1972. According to the then-Iraqi Ministry of Information, the IOTC was established as an affiliate of the Iraqi National Oil …
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Iraqi Academic Scientific Journals
Abstract. Abstract: The aim of the research is to highlight the impact of marine craft in the Iraqi commercial marine pieces that belong to the General Company for Maritime Transport to clarify the interest rate of providing marine insurance, which reduces marine losses, and to achieve the objectives of the research, the researcher developed ...
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Iraq, Arab States Form Shipping, Oil Trading JV Company
AISSOT is a joint-venture company of Iraqi Oil Tankers Company (IOTC) and Arab Maritime Petroleum Transport Company (AMPTC) which aims to operate in a number of segments, ranging from trading of petroleum products, ship chartering, oil terminals, various marine services, and bunkering.
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Iraq Moves To Create Its Own Oil Tanker Fleet
The state-held Iraq Oil Tanker Company (IOTC) has struck agreements with Iraqi shipping company Al-Iraqia Shipping Services & Oil Trading (AISSOT) to help build the fleet and train staff, IOTC's ...
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Iraq inaugurates new 200,000-barrel-capacity oil tanker
The Iraqi Minister of Oil announced on Thursday the inauguration of the new oil tanker, Sumer, with a capacity of 200,000 barrels.
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Iraqi Oil Tanker Company – Involved In
The State Oil Marketing Organization (SOMO), Iraq's national company charged with the exclusive authority to supervise the trade, sale, and export of the country's oil is central to Iran's ...
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