Iraq to continue to benefit from higher oil prices in 2018

Aerial view Crude oil tanker under cargo operations on typical shore station with clearly visible mechanical loading arms and pipeline infrastructure

Oil prices look to continue to rise in 2018, according to the latest commodity risk report undertaken by Citigroup. Citing disruptions in oil supply, along with the cuts in production by OPEC, tight market conditions and continuing geopolitical unrest in the Middle East and East Asia, the 2018 report suggests…

New Law Regulating Private Security Companies in Iraq

studying text

A new Private Security Companies (PSC) Law was issued in Iraq on 28th February 2017. The new law is operational in scope and regulates the work carried out by private security companies (“PSCs”), whereas prior to this, they were regulated under a memorandum issued by the Coalition Provisional Authority in 2004.

No end in sight to Baghdad-KRG dispute

Oil pumps and rig at sunset

The ongoing dispute between the Iraqi government and the Kurdistan Regional Government looks set to continue well in 2018, as the Iraqi Prime Minister Haider al-Abadi unveiled the 2018 budget on January 2nd.

ISIS security risk in Iraq after the territorial defeat of the group

Two Iraqi soldiers stand outside an Mine-Resistant Ambush Protected (MRAP) vehicle parked at the entrance to the shrine of Nabi Yunus, which was destroyed by ISIS in 2014

With the liberation of Rawa on Friday November 17th, ISIS lost its last town in Iraq and so it’s entire occupied territory within the country. While ISIS almost certainly still operates in unpopulated land in Anbar, northern Diyala and Niveneh governorates, this victory marks the defeat of ISIS as a territorial based insurgent organisation in the country.

Interview with Adrian Powell about Proelium Law Iraq Office

Proelium Law LLP badge on travel bag

“The origins of the firm Proelium Law are from Iraq. When I was there in the early 1990’s and working for a large security company as a legal advisor, it struck me that there was a need for a law firm specialising in the legal issues arising from operating in such high-risk jurisdictions.”