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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. In liquefied petroleumgas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025. By John Lee.
Among the matters discussed was a proposal from Chinese firm Tsingshan Holding Group , which expressed interest in drygas operations at the Basra Industrial City Project, as well as in a sulphur investment project at the "Al-Lazzaka 2" field [Al-Lazakah, Allizaqa ] field [in Nineveh Governorate], and in iron ore extraction.
Iraq's Council of Ministers has endorsed the Joint Management Committee's decision on Artawi [Ratawi] oil field, awarding the contract for crude gas pipelines to China Petroleum Pipeline Engineering (CPP) , with part of the work assigned to the State Company for Oil Projects (SCOP).
Additionally, they offer an opportunity to expand John Cranes drygas mechanical seals and wet mechanical seals offerings within major petrochemical companies' operations.
March 10, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. oil, gas rig count falls Summary : The US oil and gas rig count fell by 1 to 592 this week, down 30 from the same time last year, with oil rigs remaining at 486 (down 18) and gas rigs decreasing to 101 (down 14).
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