Tag Archives | gas capture

DNO Starts Gas Capture in Kurdistan

DNO ASA, the Norwegian oil and gas operator, today announced that the USD 110 million Peshkabir Gas Capture and Injection Project in its Tawke license in the Kurdistan region of Iraq is onstream and has reached the one billion cubic feet of gas injection milestone. The project is expected to reduce annual emissions from the […]

$8bn New Iraqi Energy Agreements with US Firms

The following commercial agreements worth as much as $8 billion were reached during a signing ceremony between U.S. energy companies and the Government of Iraq on August 19, 2020: Honeywell and the Ministry of Oil agreed to advance the development of the Ar Ratawi [Artawi] gas project, which will further enable Iraq to capture, process, and […]

Basrah Gas Company to Increase Capacity by 40%

By John Lee. Shell has reportedly announced that the Basrah Gas Company (BGC) has taken a "final investment decision (FID)" on its growth programme, which will increase BGC’s capacity by 40 percent. According to Oil and Gas Middle East, the decision was taken with the support of all BGC's shareholders: South Gas Company (SOC), Shell […]

BGC to Increase Gas Output by 16% by end-Dec

By John Lee. The Basra Gas Company (BGC) is expected to increase production from its current level of 900 million cubic feet per day (mcf/d) to 1,050 mcf/d by the end of this year. A statement from the Ministry of Oil on Thursday added that the project aims to reach a target of 2,000 mcf/d […]

Iraq Working to make Money, not Burn it up in Gas Flares

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq working to make money, not burn it up in gas flares Iraq plans to expand capacity at its oil refineries while at the same time reducing the amount […]

Baker Hughes wins Iraq Flare Gas Contract

Baker Hughes, a GE company has been awarded a contract by the South Gas Company of Iraq (SGC) for fast-track solutions to help the recovery of flare gas for Nassiriya and Al Gharraf  [Garraf] oilfields. The importance of the project was highlighted by the attendance of several high-level officials, including HE Jabbar Al-Luaib, the Minister […]

Shell plans Major Expansion at BGC

By John Lee. Having sold its stake in the West Qurna 1 project to Japan’s Itochu, Shell is now said to be "fully committed" to the giant Basra Gas Company (BGC), which captures gas from Iraq's southern oilfields. Frits Klap, managing director of BGC, told Reuters that processing capacity has more than tripled to 938 […]

Iraq to launch Tender for Gas Contracts by end-June

By Padraig O'Hannelly. Iraq's Council of Ministers has resolved that the Ministry of Oil shall implement the process for awarding Supplemental Natural Gas Processing Contracts (SNGPCs) for the processing of associated gas to qualified investors through a competitive and transparent bidding process that adheres to best international standards. The SNGPCs will provide that investors will […]

Iraq signs Memorandum of Cooperation with Kuwaiti Company

By John Lee. Iraq's Oil Ministry has signed a a memorandum of cooperation with the Kuwait-based company Al-Arfaj, with a view to capturing and using associated gas from Iraq's oil fields. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] ending gas flaring and using the gas for petrochemical production was a priority for the Ministry. According […]

US Firm to Harvest Flare Gas at Nahr Bin Umar

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has announced an agreement with an American company to invest in the flare gas associated with the Nahr Bin Umar oil field in Basra governorate. The Ministry names the company as "Oren", but Iraq Oil Report identifies it as the Houston-based Orion Gas Processors. A […]