By John Lee. The Ministry of Oil has confirmed that operations at the Nasiriya and Gharaf gas fields project will begin on schedule in the first quarter of 2027. In a statement, it said the installation of specialised equipment has begun, in collaboration with Baker Hughes. China Petroleum Engineering & Construction Corporation (CPECC) is also […]
By John Lee. US energy technology company Baker Hughes has announced an agreement with Iraq-based Halfaya Gas Company (HGC) to strengthen their collaboration for an innovative flare gas recovery system at the Bin Umar [Nahr Bin Umar, Nahr Ben Umar] gas processing plant in southeastern Iraq. The project will significantly reduce upstream flaring and transform […]
By John Lee. Baker Hughes Chairman and CEO Lorenzo Simonelli met this week with Iraqi Prime Minister Mohammed S. Al-Sudani to explore avenues of cooperation in the energy sector and review the company's current projects in the country. Talks focused on the development of gas processing units at the Nasiriyah oil field, with a target […]
By Farhad Alaaldin for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A visit by a US delegation to Iraq next week is a chance to deepen ties with Baghdad With the accelerating pace of Iraq's economic revival and comprehensive development […]
By John Lee. Iraqi Minister of Oil, Hayan Abdul-Ghani, has held a series of meetings with oil industy executives during his visit to the United States: ARC Alternative and Renewable Construction LLC, represented by CEO Lonnie Coplen, and Maysoon Tawfik. Discussions involved cooperation on infrastructure development for Iraq's energy sector. Baker Hughes, led by senior […]
By John Lee. The Iraqi Prime Minister met on Sunday with Mr. Lorenzo Simonelli, Chairman and CEO of US-based oil services company Baker Hughes, along with his accompanying delegation. Mohammed Shia Al-Sudani reiterated the government's commitment to ensuring the company's continued presence in Iraq and encouraged its expansion through collaboration with the government and the […]
By John Lee. Baker Hughes has signed a memorandum of understanding (MoU) with the Halfaya Gas Company (HGC), with the objective of setting the basis to establish a collaboration for a gas flaring reduction project at the Nahr Bin Umar [Nahr Ben Umar] gas processing plant in southeastern Iraq. The signing took place in Washington, […]
By John Lee. Prime Minister Mohammed Shia al-Sudani received a delegation from Baker Hughes in Washington, early Thursday morning. During the meeting, they discussed the company's development work in Iraq in the oil and gas sector. The Prime Minister emphasized that gas projects in Iraq are a priority for the government to meet the needs […]
By John Lee. During his visit to Washington DC this week, Iraqi Prime Minister Mohammed Shia Al-Sudani, presided over the signing of number of Memoranda of Understanding (MoU's) with American companies: Government Memoranda of Understanding: Memorandum of Understanding between the Ministry of Electricity and General Electric (GE) for the development of the energy sector. Memorandum […]
By John Lee. US-based Baker Hughes has reportedly signed a contract with state-owned Dhi Qar Oil Company (DQOC) to increase production of associated gas at the Nassiriya and Gharraf [Garraf] (pictured) oilfields. Anwar Hadi Shiaa, a director of the DQOC, told the state-controlled Iraqi News Agency that the company aims to increase the gas production […]
By John Lee. Baker Hughes has said its oilfield services (OFS) division has secured a four-year contract to provide artificial lift solutions for the Missan [Maysan] oilield in Iraq. In a statement announcing its results for the second quarter of 2022, the US-based company said the contract includes the supply of electrical submersible pumps (ESP), […]
By John Lee. The Iraqi Ministry of Oil has confirmed reports that three major US-based oilfield services companies have informed the Ministry that they will refrain from entering into new projects Iraqi Kurdistan. It says that Schlumberger, Baker Hughes and Halliburton have made the commitment to comply with the Federal Supreme Court ruling that oil […]
