Wednesday, 12 June 2024 06:48

Wood to boost Iraq gas

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June 12 (LNGJ) - The UK Wood Group plc, a global leader in energy consulting and engineering, has been awarded a new three-year contract worth $46 million by French major TotalEnergies to boost natural gas availability in southern Iraq. Wood will provide front-end engineering and design, detailed design, procurement support and construction and commissioning assistance for the first phase of the Associated Gas Upstream Project, part of the Gas Growth Integrated Project (GGIP) venture.

   “The GGIP includes the recovery of gas currently flared in the Basra region to supply power generation plants, along with the construction of a seawater treatment unit and a 1 gigawatts solar power plant,” said Wood. The contract will be delivered by Wood’s teams in Basra and Dubai, creating 100 new positions. Wood currently employs over 1,300 people in Iraq and the United Arab Emirates.

Published in News in brief
Wednesday, 05 April 2023 07:33

Iraq’s $10Bln gas plan

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April 5 (LNGJ) - French major TotalEnergies and the Iraqi Government have signed an agreement to move forward with a $10 billion venture called the Gas Growth Integrated Project (GGIP) and for QatarEnergy to take a 25 percent stake. This would leave TotalEnergies with 45 percent of the project and Iraq's state-owned Basrah Oil Company with 30 percent.

   The GGIP aims to further develop Iraq’s natural resources to improve the country’s electricity supply. TotalEnergies and its partners will invest around $10Bln to recover flared gas from three oil fields to supply the gas to power-generating plants. A seawater treatment plant will also be built to provide water injection for pressure maintenance to increase regional oil production as an alternative to the use of fresh water from rivers and aquifers.

Published in News in brief