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Adnoc Gas Awards $5bn Contracts

Mees

Adnoc Gas has awarded contracts for the $5bn first phase of its 1.5bn cfd Rich Gas Development project. The project will handle associated gas from Adnoc’s crude expansion projects and puts the UAE a step closer to gas self-sufficiency by 2030.

Gas
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Iraq Expands Gas Projects to Curb Flaring

Iraq Business News: Oil & Gas

As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. To expand storage capacity, the Ministry completed 8 of 16 spherical LPG tanks, each with a 3,000-cubic-metre capacity, adding 24,000 cubic metres overall.

Gas
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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.

Gas
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HKN Energy to Develop Iraq's Hamrin Oil Field

Iraq Business News: Oil & Gas

The agreement, signed on Tuesday between North Oil Company (NOC) and the US-based company aims to increase the field's output to 60,000 barrels per day, up from the current 20,000-25,000 bpd, and to capture and utilise 45-50 million standard cubic feet per day (mmscfd) of associated gas for power generation.

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We Built This City - MPLX Expands Its Permian-to-Gulf Network with Northwind Midstream Deal

RBN Energy

First, the acquisition is the latest in what by now is a long series of multibillion-dollar deals by midstream giants to expand their Permian-to-Gulf, “wellhead-to-water” networks that gather, process, transport and export crude oil, natural gas and/or NGLs. In today’s RBN blog, we discuss the deal and what it brings to MPLX.

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WTI and Permian Gas Price Trends

Permian Basin Oil and Gas Magazine

MMBtu, and storage levels that remain elevated into the refill season, moderating further upside in gas spot prices. But gas is a different story: at Waha, negative basis persists, squeezing cash flow and discouraging associated gas production. Meanwhile, Henry Hub futures for August 2025 settled near $3.08/MMBtu,

Gas
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Oil Review Middle East - Untitled Article

Oil Review Middle East

bcm of the additional gas flaring. Iran’s 12% increase in flaring is primarily attributable to an equivalent rise in oil production, along with a continued lack of investment in associated gas recovery and utilisation. However reductions in gas flaring were observed in Algeria and Libya , mainly due to lower oil production.

BCM