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oil services firm Morgan Hughes , led by the company's Vice President Gregory Bloom, in a meeting held on Tuesday and attended by Steven Fagin, Chargé d'Affaires at the U.S. The talks focused on potential cooperation and investment opportunities, including the development of oil fields and the capture of associatedgas.
Global gas flaring at upstream oil and gas facilities has risen for a second year in a row, according to the World Bank’s annual Global Gas Flaring Tracker Flaring rose by 2% to 151 billion cubic meters (bcm) in 2024, the highest level in almost two decades. In Iraq, flaring intensity remained largely unchanged.
The Ministry of Oil has inaugurated the Central Gas Processing Facility at the Al-Faihaa [Fayhaa, Block 9] oil field in Basra, with a capacity of 130 million standard cubic feet per day (MMSCFD). He emphasised that gas projects such as this are critical for ensuring a stable fuel supply for electricity generation.
That’s where shale gas comes in – particularly in the form of behind-the-meter (BTM) generation, which provides power directly to data centers without relying on the public grid. oil and gas producers are positioning themselves to fuel the AI era. gigawatt natural gas-fired power plant dedicated to a hyperscale data center.
BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. The company was originally part of the consortium that discovered oil in Kirkuk in the 1920s.
Warning This article and series is specifically targeted for anyone involved or interested in oil and gas reserves reporting guidelines, methods, issues, calculations and pitfalls. Thus, the requirements are like the downdip limit in order to estimate that the updip volume also contains oil, rather than an associatedgas cap.
Each of the new contracts has a three-year term under which Wood will support TotalEnergies to advance the AssociatedGas Upstream Project (AGUP) , a key part of the GGIP project. The contracts will be delivered by Wood's teams in Basra and the United Arab Emirates, creating additional roles as the scopes progress.
The aim is to debottleneck and upgrade existing facilities to increase energy production capacity to 120,000 barrels of oil per day on completion of the first phase. Wood is already providing engineering design, detailed design, procurement support, and construction and commissioning assistance for the first phase of the AGUP.
oil and gas production, and ONEOK Inc. Total Permian gas processing volumes are projected to reach ~1.6 As Permian associatedgas production continues to rise , ONEOK is evaluating additional processing expansions. Higher associatedgas production , boosting NGL and gas volumes. Bcf/d in 2025.
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