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In a further boost for Iraq's oil and gas development prospects, Türkiye Petrolleri Anonim Ortaklığı (TPAO) is acquiring a 15% interest in BP Energy Company of Kirkuk Limited (BP ECKL), which is redeveloping several major oil and gas fields in the promising Kirkuk region of northern Iraq

Signed during the official visit of Iraqi Prime Minister Ali Al-Zaidi to Türkiye, the move builds on the strategic cooperation Memorandum of Understanding (MoU) signed by bp and Türkiye's national oil company in February 2026, and follows ConocoPhillips' recent acquisition of a 42% interest in BP ECKL. The two acquisitions bring together partners with complementary capabilities and expertise together with bp to support the next phase of redevelopment in Kirkuk. Following completion of the transaction, bp will remain the majority shareholder in BP ECKL with 43%.

Vast potential

Kirkuk, once among the most prolific regions globally, has vast potential, with a combined resource opportunity estimated at up to 20 billion barrels of oil equivalent.

bp received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk in March 2025, when bp said the investment will bring opportunity and growth to the Kirkuk region, as well as improving supply chain capability alongside job creation. Then bp executive vice president William Lin commented that the opportunity is fully in line with the company’s priority of pursuing new growth opportunities for bp as it strengthens and high-grades its portfolio across the world.

The contract between North Oil Company (NOC), North Gas Company (NGC) and bp includes the rehabilitation and redevelopment of the fields alongside investment in existing gas processing facilities, spanning oil, gas, power and water with potential for investment in exploration.

The Development and Production Contract covers an initial phase of oil and gas production of more than 3 billion barrels of oil equivalent from the Baba and Avanah domes of the Kirkuk oil field and the adjacent Bai Hassan, Jambur and Khabbaz fields in Federal Iraq, all currently operated by the North Oil Company (NOC) and North Gas Company (NGC). The contract area also includes additional exploration potential.

bp is drawing on its experience elsewhere in Iraq in developing Kirkuk, notably at the supergiant Rumaila field in southern Iraq, where with its partners it has helped to deliver a 40% increase in production since 2010. bp says it aims to grow a similar, modern upstream oil and gas industry centred around Kirkuk, bringing in technologies that transformed operations at Rumaila, such as real-time monitoring and digital surveillance. These can help to optimise well performance, predict and avert production issues, and facilitate data-driven decision making.

Chief executive officer Meg O’Neill said, “TPAO has been a trusted partner for more than 30 years through our work together across the Caspian region. This agreement builds on that long-standing relationship and, alongside our partnership with ConocoPhillips, positions us strongly for the next phase of redevelopment in Kirkuk. Kirkuk is a world-class resource base that can support Iraq's long-term energy ambitions, and we look forward to working closely with the Government of Iraq and our partners to deliver the next phase of redevelopment."

bp has a longstanding relationship with Iraq spanning more than a century with an involvement in both the north and south of the country. bp’s predecessor helped ‎Iraq to locate, produce and export oil from Baba Gurgur in Kirkuk, one of the largest oilfields ‎in the world at that time.

Technip Energies has been selected by Larsen & Toubro Energy Hydrocarbon (LTEH) to deliver engineering services for a major ADNOC Offshore project in the United Arab Emirates

The project, recently awarded by ADNOC Offshore to a consortium led by LTEH, covers the engineering, procurement, construction, installation and commissioning (EPCIC) of new offshore facilities, together with modifications and upgrades to existing infrastructure.

The contract strengthens Technip Energies’ position in high-end engineering services, as it will draw on its strong local engineering capabilities and extensive experience with complex, large-scale offshore projects in the Middle East.

The award also builds on the long-standing collaboration between Technip Energies and Larsen & Toubro (L&T) across a broad range of upstream, downstream and energy infrastructure projects worldwide.

Loïc Chapuis, President Project Delivery and Services at Technip Energies, said, “We are pleased to have been selected by L&T to support this major offshore development for ADNOC Offshore. This award reflects the trust placed in our engineering excellence and our proven track record in delivering complex offshore projects. Together with L&T, we look forward to contributing to ADNOC’s strategic objectives and the UAE’s energy ambitions.” 

In February, Technip secured a engineering procurement and construction (EPC) contract from QatarEnergy for the onshore LNG plant of the North Field West (NFW) project. The scope of the onshore EPC contract includes two LNG mega-trains with a combined production capacity of 16 MTPA (a replication of the two trains under construction by Technip Energies and CCC for the North Field South (NFS) project) as well as associated facilities for gas treatment, natural gas liquids recovery, and helium extraction. In addition to LNG production, the project is expected to produce around 175,000 barrels of oil equivalent per day of condensate, ethane, and liquefied petroleum gas (LPG).

At the S&P Global Energy Middle East Petroleum & Gas Conference (MPGC) held in London, Musaab Al Mulla, Aramco's vice president of market analysis and sustainability, underlined the need for the recognition of the role refined products play in resilient energy systems, which has been brought into sharp focus in the current crisis

Al Mulla highlighted the need for a realistic approach to the role of oil and gas as the engine for economic growth and the impact of the crisis on products ranging from helium to materials and fertilisers, with shortages of the latter in turn impacting food supply.

A common theme of the event was the need for resilience and redundancy in the energy system to be able to weather such crises. Al Mulla highlighted Aramco’s focus on long-term strategic planning and investment for the future, as exemplified by its investment in the east-west pipeline which is now not only transporting crude but also products, building flexibility into the system, transporting crude to refineries for export and ensuring refined products get to market.

“The world has realised the need for more investment in pipeline infrastructure and domestic refining to ensure industry is working together,” he said.

He remarked that the crisis has demonstrated demand is resilient and has exposed the underinvestment in refineries, with capital flows being redirected towards the energy transition and resulting in a deficit of 3mn bpd.

“We need to build refineries and infrastructure while also reducing emissions,” he said, noting that Aramco has one of the lowest emissions intensities.

Discussing demand for refined products, he noted that demand for jet fuel continues to grow and refinery utilisation is at record rates.

“We believe demand will continue to be resilient, and low carbon products will be important as well,” he said.

He foresaw strong growth in chemicals with the market for durable materials growing in multiple sectors, noting that carbon-based materials can help reduce emissions. Replacing steel with polypropylene in cars can reduce emissions by 80%, for example. He also highlighted growth in demand for low carbon aviation fuel (lcaf), fossil-based jet fuel, which is 10% lower in emissions than conventional jet fuel, and complements sustainable aviation fuel (saf) as it addresses some of its limitations.

Highlighting the continuing long-term strategic importance of refining, he stressed that gasolene will still account for a significant proportion of transportation fuel by 2050.

With resilience, reliability and sustainability being global challenges, Al Mulla said that resilience for Aramco means building on operational excellence, long-term investment in oil and gas, new energies and low carbon, and localisation, noting Aramco’s 70% localisation target to ensure a resilient supply chain.

“Resilience is correlated with sustainability, you can’t be sustainable if you are not resilient,” he said. It involves not only having the flexibility to be able to adapt to shocks, but also having the capacity to innovate and grow supply while also reducing emissions, he added.

Commenting on the Middle East’s attractiveness as an investment destination, he said, “Clearly the region remains the hub for oil and gas petrochemicals and refining, and it has shown its infrastructure and energy system have been resilient in this historic crisis.”

He said Aramco is also looking at other regions, and urged the need for more investor-friendly policies in Europe, where there is a need for more domestic refining and chemicals so as not to be dependent on other regions.

Discussing the role of gas, Al Mulla said there will be increasing demand to fulfil the growing demand for power from data centres, highlighting the move towards regional data centres.

SLB has launched the ExaCT electrical downhole coiled tubing (CT) control system, an advanced intervention platform that introduces real-time electrical control to coiled tubing operations

By replacing pressure-dependent hydraulic actuation with electrical communication, power delivery and telemetry, the ExaCT system gives operators greater visibility, precision and control, helping improve intervention execution and reservoir access.

Complex demands

Well intervention is becoming more complex as reservoirs mature and well designs evolve. Extended-reach wells, multilaterals, and integrated operations demand more accuracy than traditional methods can deliver. Pressure-based actuation and mechanical sequencing often introduce uncertainty — making it harder to execute tasks at the right depth and time.

Without real-time visibility and control, operations become less efficient and more prone to NPT and missed objectives. Conventional approaches often require multiple runs and manual adjustments, increasing risk, cost, and variability — and limiting the ability to complete complex interventions in a single trip.

As the industry focuses on efficiency, repeatability, and performance certainty, precision and control are now essential. Real-time measurement, command, and actuation reduce uncertainty and help ensure every intervention achieves its full potential.

Precision and control

The ExaCT electrical downhole CT control system combines electrical power, telemetry and downhole measurements to deliver real-time precision, actuation and control for complex CT interventions. By replacing passive, pressure-dependent hydraulic actuation with active real-time electrical control the system helps operators to make informed decisions supported by continuous downhole feedback, emablong them to optimise reservoir access, improve production performance and maximise recovery.

The ExaCT system supports multiple services in a single run, including logging, stimulation, isolation and shifting operations – critical for extended-reach, multilateral and high-complexity wells. The platform enables real-time monitoring of downhole conditions and allows interventions to be adapted as conditions change, reducing the need for multiple runs while providing a foundation for increasingly automated intervention workflows.

Designed for harsh downhole conditions, including sour corrosive and high temperature environments, such as those in the Middle East, the ExaCT system improves execution confidence, reduces NPT and delivers more predictable outcomes through standardised, repeatable push-button workflows.

Results:

Field deployments of the ExaCT system across multilateral, extended-reach, and offshore intervention programmes have delivered measurable gains in execution time, cost, and reliability compared with conventional hydraulic systems:

• 30–40% faster intervention - The direction and inclination (D&I) and electrical multilateral module (eMLT) within the ExaCT access service completed multilateral entry and stimulation operations 30–40% faster than conventional methods.
• 15–20% lower operational costs - Electrical control within the ExaCT access service reduced repeat CT trips, lowering operational costs by 15–20% across field deployments.
• 30% faster offshore cleanout - Aker BP reduced offshore cleanout time by about 30%, or approximately 12 hours, using the ExaCT cleanout service in a depleted well offshore Norway.
• 20% less liquid and nitrogen use - Real-time mode switching with the ExaCT cleanout service reduced liquid and nitrogen consumption by about 20% compared with fixed, depth-based programs.

In one six-lateral well intervention, the ExaCT system reduced intervention time by approximately 175 hours, enabling operators to enter each lateral in about 12 minutes compared with six to eight hours using conventional hydraulic systems. The operation stimulated more than 21,000 feet of reservoir contact while reducing fluid consumption by more than 3,000 barrels.

“Operators are asking intervention systems to do far more than simply actuate downhole tools," said Frederik Majkut, president, Reservoir Performance, SLB. "Completion and production teams need continuous visibility, precise control and the flexibility to perform multiple services in a single run. The ExaCT system represents a fundamental shift to electrically controlled intervention, helping operators improve execution certainty, reduce intervention time and maximise reservoir access.”

Oil Review Middle East, in association with Flyability is hosting a webinar on “NDT drones for the oil and gas industry: from innovation to implementation" on Tuesday 14 July at 2pm GST

The oil and gas industry continues to face increasing pressure to improve safety, reduce operational downtime and enhance inspection efficiency. Increasingly, operators are deploying drone technology to improve inspection quality, enhance safety and drive greater operational efficiency across oil and gas assets, discovering new ways to conduct inspections in hazardous and confined spaces while minimising risks to personnel.

This practical session will explore how drone technology is being used to perform remote NDT inspections, collect critical asset data and create digital twins that support more effective asset integrity management. Through real-world case studies and industry experience, attendees will gain valuable insights into implementing drone solutions within their own operations.

Register here

Key highlights

• Visual inspections: Learn how drone technology is improving access to difficult and hazardous inspection environments
• Remote NDT applications: Explore the use of UT spot measurements and other remote inspection capabilities
• Digital twins: Understand how digital asset models are supporting integrity monitoring and maintenance planning
• Industry success stories: Hear practical examples from asset owners and service providers successfully utilising drone technology
• Implementation strategies: Gain insights into integrating drone-based inspections into existing operational workflows.

Our expert speakers:

• Fabio Fata, senior sales manager, Flyability
• Senan Khatib, certified AUV pilot/instructor and UAV field specialist Sagerdrone
• Abdullah Al-Rahmah, head of UAV team, Saudi Aramco
• Jacob Swidy, head of inspection technology and digital transformation, Saudi Aramco

Don’t miss this opportunity to take away exclusive insights from the leading lights of the drone technology world!
Register here

Abu Dhabi is forging ahead with hydrogen development and is emerging as one of the world’s leading global hydrogen hubs, according to a new report from the Abu Dhabi Chamber of Commerce and Industry (ADCCI)

The report, entitled Abu Dhabi's Positioning in the Hydrogen Economy, highlights that Abu Dhabi is moving from ambition to concrete project execution through investment in production, infrastructure, manufacturing, logistics and export-oriented value chains, even as progress slows in other markets due to the reassessment of hydrogen ambitions and policy uncertainty.

Competitive advantage

The report finds that the UAE benefits from a unique combination of structural advantages, including:
• abundant solar resources
• efficient electricity infrastructure
• strong industrial capabilities
• low cost of capital, and
• strong project delivery capability.

These factors combine to make Abu Dhabi among the most competitive global hydrogen hubs globally, with the levelised costs of hydrogen and ammonia set to be one of the lowest in the world by 2030, strengthening its position as a key exporter to early demand centres such as the European Union, Japan and South Korea. 

Abu Dhabi has set a 2031 production target of 1.4 Mt/year of low-carbon hydrogen. This is in line with the UAE’s hydrogen strategy, which aims to enhance the UAE’s position as one of the largest producers of hydrogen by that year and envisages the low-carbon fuel as a crucial tool in meeting the country’s net-zero commitments and reducing emissions in hard-to-abate sectors.

Shift to high-value hydrogen derivatives

The report highlights a global strategic shift away from just exporting pure hydrogen toward higher-value derivatives such as green ammonia, methanol, synthetic fuels, and Sustainable Aviation Fuel (SAF).

Abu Dhabi is pursuing a number of initiatives in these areas such as
• Development of methanol and SAF projects using green hydrogen and captured CO₂
• Exploration of e-methane production and bunkering infrastructure
• Expansion into green ammonia and synthetic fuels.

These initiatives could result in exports worth millions of dirhams, as well as creating new jobs and contributing to emissions reduction, creating new opportunities across manufacturing, trade, logistics and industrial production.

Offtake agreements critical

The report stresses that long-term offtake agreements are critical to accelerate investment and scale the hydrogen economy. As a recent IEA report notes, demand uncertainty remains a key constraint for scaling up low-emissions hydrogen development, and is cited by developers as one of the largest barriers to investment. Despite strong global momentum, the report notes that only around 12% of low-carbon hydrogen projects have secured confirmed customers.

Addressing these considerations, Abu Dhabi is demonstrating a viable delivery model through customer-aligned projects and partnerships:
• The EMSTEEL–Masdar green steel pilot (MENA’s first hydrogen-based steel project) is already operational
• Offtake agreements have been signed with Modon and Aldar to supply green steel to sustainable construction projects.

Equipment and technology offer opportunities

As well as production and derivatives, the report identifies opportunities in exporting hydrogen-related technologies and equipment to global projects, such as electrolysers, port infrastructure components and blending projects. Abu Dhabi's industrial zones — including KEZAD— and logistics infrastructure at Khalifa Port position the emirate as a manufacturing and re-export hub to markets such as China, Germany, the United Kingdom, the USA, and Australia. In a regional first, ADNOC, John Cockerill Hydrogen, and Strata Manufacturing signed an agreement in 2023 to produce electrolysers in the UAE for domestic use and export. Other similar arrangements will surely follow.