Skip to content
Back to Guavy Wire
Commodities

Iraq Signs Strategic Contracts for Oil, Power, and Ag Machinery Projects

Instruments
Oil
Share

The Ministry of Industry and Minerals in Iraq has announced the signing of strategic contracts with major international companies to implement projects for oil production, power generators, and agricultural machinery.

According to Alaa Kamal Hassan, Assistant Director General of the General Company for Hydraulic Industries, the company has partnered with specialized international companies such as Caterpillar in the power generator sector, Chevron in oil production, and Doosan and Bobcat in the field of specialized equipment.

The contracts also include a partnership with Varah Company to provide agricultural machinery and integrated firefighting systems.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc