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Bonatti Group celebrated 500,000 man-hours worked without incidents at the West Qurna 2 field in Iraq during its operation and maintenance contract for Lukoil, which includes planning, maintenance, and inspection of the CPF, well pads, water intake and power station (126 MW). It also achieved the same milestone at the MLN field in Algeria, as […]

JGC Corporation signed an agreement with with the Iraqi Ministry of Oil in October 2020 for the Basrah Refinery Upgrading Project. The upgrade will install a fluid catalytic cracking unit, vacuum distillation unit, and diesel desulfurization unit on land adjacent to the existing refinery. Although Iraq is currently one of the world’s leading oil-producing countries, […]

China Petroleum Engineering & Construction (CPECC) submitted a bid for ADNOC’s $15 billion Hail and Ghasha offshore sour gas field development project in February, specifically for Package 2, worth $2 billion. Rumors have surfaced since last year that Chinese producers are looking to acquire ExxonMobil’s 32.7% stake in Iraq’s West Qurna 1 field, CPECC is […]

Petrofac has been in the news lately for a number of mixed reasons. The biggest headline was the company being banned from bidding on projects in the UAE by ADNOC, but the EPC giant also received a one-year contract extension worth $80 million in Iraq.  Group CEO Sami Iskander said: “Since joining Petrofac at the […]