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UK's Wood secures $100m contract to lower Iraq gas flaring

Summary by AGBI
UK engineering company Wood Group has secured decarbonisation contracts worth $100 million for flare gas reduction across the largest oil fields in Iraq. The contracts include brownfield engineering, procurement and construction services, as well as modifications to enhance operational efficiency and minimise environmental impact, supporting Iraq’s commitment to reduce gas flaring by 78 percent by the end of 2025. The contracts will be handled b…
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AGBI broke the news in on Thursday, May 29, 2025.
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