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Iraqi PM Discusses Oil & Gas Investment with US Firm

Iraq Business News: Oil & Gas

The talks focused on potential cooperation and investment opportunities, including the development of oil fields and the capture of associated gas. Prime Minister Al-Sudani reiterated Iraq's goal to fully utilise all associated gas produced from its oil fields by 2028.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

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. bcm of the additional gas flaring.

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From Wellhead to Server Rack – How U.S. Shale Is Powering the AI Data Center Boom

Oil Gas Leads

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. oil and gas producers are positioning themselves to fuel the AI era.

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Wood selected by TotalEnergies to advance Ratawi Field Redevelopment

Iraq Business News: Oil & Gas

Each of the new contracts has a three-year term under which Wood will support TotalEnergies to advance the Associated Gas 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.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Wood is already providing engineering design, detailed design, procurement support, and construction and commissioning assistance for the first phase of the AGUP. The GGIP includes a large-scale gas processing plant, with a first phase of 300 Mcf/d that will recover gas being flared on three oil fields and supply gas to 1.5

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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

The agreement, signed in Baghdad on Tuesday under the patronage of Prime Minister Mohammed Shia Al-Sudani, encompasses oil, gas, power and water development, with potential for future exploration investment. BP subsequently expects to form a standalone incorporated joint venture to hold its interests in the operator.

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

oil and gas production, and ONEOK Inc. 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. This move supports the companys growing gas gathering and processing footprint. Bcf/d in 2025.

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