By John Lee. Japan's Mitsubishi Research Institute, Inc. has won a contract with the United Nations Development Programme (UNDP) for "Strengthening Conflict Sensitive Peace Positive Climate Action in Southern & Euphrates Region of Iraq" - reference 10498099. Contract value is stated as $70,000. (Source: UNGM)
By John Lee. During his official visit to London, Prime Minister Mohammed S. Al-Sudani met with Wael Sawan, CEO of Shell, to explore opportunities for expanding cooperation between Iraq and the energy giant. The discussions emphasized Iraq's focus on advancing its oil, gas, and petrochemical sectors, aligned with the government's recent announcement of new investment […]
By John Lee. British telecommunications company BT, and Iraq's Basrah Gas Company (BGC), have announced a new agreement to, "securely connect the company's operations in Iraq and help accelerate its digital transformation." Iraq's largest gas flare reduction company and a joint venture among the Iraqi Government, Shell and Mitsubishi, announced a new agreement to securely […]
By John Lee. Basrah Gas Company (BGC) has obtained endorsement from its shareholders to gather and process an additional 80 mmscf/d of the flared gas. On the 30th of November 2022, BGC's shareholders (South Gas Company 51%, Shell 44% and Mitsubishi 5%) signed the Final Development Decision (FDD), at the Higher Management Committee meeting, to […]
By John Lee. Basrah Gas Company (BGC) has appointed Andrew Wiper (pictured) as its new Managing Director. Andrew has more than 20 years of experience in the oil and gas industry, most recently with Shell, and previously with the Shell-associated KPO in Kazakhstan. He holds a bachelor's degree in Electronic Engineering and a master's degree […]
By John Lee. Petronas Carigali Iraq Holding B.V. has opened its K-123 well in the Garraf Contract Area in Dhi Qar. Present at the event were, Petronas Vice President International Assets of Upstream Mr. M Jukris A Wahab; Director, Managing Executive Officer and President of Middle East, Asia & Europe Project Division of Japex, Mr. […]
By John Lee. Shell has reportedly evacuated its foreign staff who had been working at the Basra Gas Company (BGC). BGC executives told Reuters that around 60 staff were flown out on Wednesday after workers who had been laid off staged a protest. Shell has a 44-percent stake in the $17-billion, 25-year BGC project, with […]
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 […]
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 […]
Japan's Mitsubishi Corporation has been awarded a contract for port construction in the Republic of Iraq. Extended by the General Company for Ports of Iraq (GCPI), the contract covers a port rehabilitation project in the country’s southern region of Basra, and is valued at approximately 110 million US dollars. The project is being funded through […]
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 […]
Prime Minister Haider al-Abadi has arrived in Tokyo for discussions with major Japanese industry and government. He met the CEO of Sumitomo Corporation, Kuniharu Nakamura to discuss future projects in Iraq, including the establishment of factories for car manufacturing in Iraq and providing after-sales services. He also met Hiroyuki Ishige, Chairman and CEO of the […]
