Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



Iraq cancels TPAO-led group's Mansuriya gas field contract

Iraq has cancelled a contract signed with a group led by Turkish Petroleum Corp (TPAO) to develop its Mansuriya gas field near the Iranian border, state news agency INA cited the oil minister as saying.

Iraq has invited international energy companies to compete to develop the field, the agency quoted Oil Minister Ihsan Abdul Jabbar as saying, after the TPAO-led group suspended development in 2014 due to security concerns.

The oil ministry will select a partner that presents the “best technical solutions” to operate and develop the field, the minister said, according to INA.

In 2011, Iraq signed a deal with the group which included Korea Gas Corp (Kogas) and Kuwait Energy to develop the field in its volatile Diyala province.

The group halted development in 2014 due to security concerns after Islamic State militants overran large parts of Iraq.

Iraqi ministry officials said the TPAO-led group did not resume development work even after repeated government requests as security in the area improved.

State-backed TPAO was not immediately available to respond to a Reuters request for comment on Thursday. Neither Kogas not Kuwait Energy responded to emailed requests for comment.

Reporting by Ahmed Rasheed; Editing by Jason Neely and Christopher Cushing

 


Copyright © 2019. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
Facing regulatory uncertainty, competition from renewable energy and increasing calls for decarbonization, natural gas pipeline operators are studying the blending of hydrogen into their networks to produce lower-carbon methane and test their equipment’s capability for handling H2/methane blends.
Industry Focus: EastMed pipeline faces technical challenges, competition
-Eugene Gerden
The outcome of the EastMed pipeline project—a planned, 1,900-km (1,180-mi), subsea pipeline that would supply Europe with 9 Bm3y–12 Bm3y of natural gas from the Eastern Mediterranean—is being closely watched by many on the global stage.
Regional Focus: Africa’s floating LNG sector looks to regain footing post-pandemic
-Shem Oirere
The drive to harness natural gas reserves in Africa is supporting low-emissions energy generation and effective monetization of marginal and small gas fields.


Throughput optimization for pipelines and gas plants

Register Now

Many processes within oil and gas pipelines and processing plants depend on maintaining specific temperatures and pressures at which the process fluids are liquids or gases. In addition, anytime water is a component in the process fluid hydrates can form and plug piping and vessels. Learn how Sensia’s Throughput optimization solution allows operators, and control systems to “see inside” the process in real time to understand where the facility is operating with respect to critical physical constants, including the phase envelope and hydrate temperature. This insight allows for more stable operation, reduced energy expenditure and associated emissions, and greater facility throughput. Case studies will include controlling methanol injection, managing heaters, virtual sensors for sulfur recovery units and more.

April 1, 2021 10:00 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2021 Gulf Publishing Holdings LLC.