Iraq Business News: Oil & Gas

MARCH 26, 2025

The signing ceremony on Wednesday was attended by Oil Minister Hayan Abdul Ghani and BP's Chief Executive Officer, Murray Auchincloss. Additionally, a 400-megawatt power plant will be constructed to support Iraq's electricity needs.

Field 63

Field Oil Associated Gas Crude Oil 63

Oil & Gas 360º

MARCH 10, 2025

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd).

E&P 130

E&P Exploration and Production Oil Field 130

Egypt Oil & Gas

MARCH 17, 2025

The project is expected to achieve a peak production of approximately 11,000 barrels of oil equivalent per day (boe/d) in 2026. The design concept of intelligent oil and gas fields were used in the two new projects.

Field 52

Field Associated Gas Crude Oil Gas 52

Oil Gas Leads

MARCH 8, 2025

Natural Gas & NGL Infrastructure Expansion ONEOK is expanding its natural gas and NGL (natural gas liquids) infrastructure in the Permian to capture growing production volumes. Total Permian gas processing volumes are projected to reach ~1.6 Higher associated gas production , boosting NGL and gas volumes.

Basin 52

Basin Natural Gas Pipeline BCF 52

Oil Gas Leads

MARCH 11, 2025

Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations. ” The increase in natural gas liquids (NGLs) and associated gas production is driving demand for more processing plants, fractionation capacity, and export infrastructure.

Midstream 52

Midstream Pipeline Natural Gas Gas 52