• December 24, 2025

Baker Hughes has won a significant multi-year contract from Kuwait Oil Company (KOC) to deploy advanced artificial lift technologies aimed at increasing production across Kuwait's oil and gas fields. This agreement supports Kuwait's strategy to enhance recovery from its mature reservoirs.   Under the contract, Baker Hughes will supply electrical submersible pumps (ESPs), along with related installation, monitoring, and maintenance services. The systems will integrate with the company's FusionPro and Leucipa digital solutions to improve reliability and optimize performance.   This award builds on a strong, nearly two-decade partnership in Kuwait. Amerino Gatti, Executive Vice President of Oilfield Services and Equipment at Baker Hughes, stated the contract reflects the company's ongoing role in unlocking value from the country's mature fields.   Baker Hughes maintains a substantial local presence, including a dedicated 25,000-square-meter artificial lift workshop and a recent memorandum of understanding to establish an R&D center at the Ahmadi Innovation Valley. This new contract follows a separate third-quarter award from KOC for advanced wireline and perforation services.   From: https://egyptoil-gas.com/news/baker-hughes-wins-major-koc-contact-to-boost-kuwait-oil-output/

• October 14, 2025

ADIPEC is a global energy platform where dialogue becomes delivery, solutions are showcased, decisions are made and collaborations are catalysed.   Connect with over 205,000 energy professionals from around the world at the industry's largest energy exhibition. Discover emerging market trends, find innovative solutions and build valuable business relationships across every segment of the energy value chain.   We’re looking forward to exhibiting at ADIPEC2025 in Abu Dhabi from 3-6 November. Visit JST stand 10256 in Hall 10 for a talk on innovative sealing solutions.   Register to secure your free visitor pass: https://www.adipec.com/visit/registration/?actioncode=ADEX97297   We shall share with you our new compounds for seals in Oil & Gas, and our new achievements on seals for API 6A gate valves, casing head & tubing hanger.

• October 14, 2025

Iraq's Ministry of Oil has announced an increase in daily production at the Nasiriyah oil field to 80,000 barrels.   Concurrently, Oil Minister Hayan Abdul Ghani disclosed that the associated gas investment rate has risen significantly to 74%, up from 53%. This progress is marked by the launch of the Basra NGL 1 and NGL 2 projects, each with a planned capacity of 400 million cubic feet per day.   The Ministry has approved several strategic gas projects, highlighting significant advances in the flagship Basra Gas Company—a joint venture between South Gas Company (51%) and Shell and Mitsubishi (49%).   As a top global oil producer, Iraq continues to modernize its sector by boosting gas capture, reducing flaring, and leveraging international partnerships to enhance production and infrastructure.

• September 28, 2025

On September 28, as the offshore pipelaying vessel "Binhai 109" laid the final pipe termination head in the southern waters of the Bohai Sea, China's total length of subsea oil and gas pipelines surpassed 10,000 kilometers, ranking among the top in the world.   This year, China has achieved multiple breakthroughs in subsea pipeline construction. In the Yingge Sea area off Hainan Island, two subsea pipelines supporting the Dongfang 13-3 block development project were successfully put into operation, achieving interconnection of the subsea pipeline network around Hainan Island. In the Bohai Bay, China's largest offshore crude oil production base, the country's most dense subsea pipeline network has been established, with the total length of subsea oil and gas pipelines exceeding 3,200 kilometers.   Song Yanlei, Deputy Manager of the Subsea Pipeline Center at CNOOC Offshore Oil Engineering Co., Ltd.: With the commissioning of this batch of pipelines in the southern Bohai Sea, the density of the Bohai pipeline network has reached over 4 kilometers of pipeline length per 100 square kilometers of sea area.   To date, China has built nearly 200 kilometers of new subsea oil and gas pipelines this year. According to plans, by 2030, the total length of China's subsea pipelines is expected to exceed 13,000 kilometers, further enhancing the density of the marine energy transportation network. Against the backdrop of the transition to new energy, these pipelines also have the potential to be compatible with the transportation of clean energy sources such as hydrogen and shale gas, providing flexible support for the optimization of the energy structure.