People & Institutions

Consortium of Khayrat Al-Abar Al-Iraqiya for Oil Services Ltd and Kaso Oil Services Ltd

Investment licence of the National Investment Commission, for the project: Petrol hydrotreating and upgrading unit.

ائتلاف شركتي خيرات الآبار العراقية للخدمات النفطية المحدودة المسؤولية وشركة كاسو للخدمات النفطية محدودة المسؤولية

Legal status

Not charged as of the date of writing

Not charged as of the date of writing. No court ruling, Integrity Commission statement, audit bureau finding, sanctions listing or credible press accusation naming either company was found. The owners and managers were not identified in any source opened. The search of public sources is not complete. Status as of 5 October 2026.

The search of public sources on this licensee is not yet complete.

The licence as listed

The list of licensed projects of the National Investment Commission.

Licensing body: National Investment Commission
Licence number: 43/2014
Date of grant: 17 September 2014
Sector: Industry
Project: Petrol hydrotreating and upgrading unit
وحدة هدرجة وتحسين البنزين
Licensee: ائتلاف شركتي خيرات الآبار العراقية للخدمات النفطية المحدودة المسؤولية وشركة كاسو للخدمات النفطية محدودة المسؤولية (Iraqi)
Province: Muthanna
Location: المثنى
Stated cost: $400 million
State of the project: Under way (4% complete)

Who is behind the licensee

consortium of two Iraqi limited liability oil services companies (per the NIC list)

The owners and managers were not identified in the sources that were read.

What official and press reports say

Official findings: None found in the sources reviewed.
What became of the project: The NIC list records licence 43/2014 of 17 September 2014 for a gasoline hydrogenation and improvement unit in Muthanna, sector industry, at a cost of USD 400,000,000. The completion column reads 0.035, which the register reads as 3.5 per cent. No obstacle is recorded. No public report on the unit, its financing or its progress was found.
Other contracts with the state: None found in the sources reviewed.