Latest news with #KuwaitEnergy
Zawya
17-06-2025
- Business
- Zawya
Regional conflict threatens Iraq's gas plans
The eruption of hostilities between Israel and Iran may disrupt plans by Iraq to develop its gas resources and obtain more supplies from Iran and Turkmenistan, experts say. Fearing a conflict spillover, Iraq has already shut one of its main gas fields after hundreds of its foreign operators fled to neighbouring Kuwait, the Iraqi media reported. Al-Jibal news agency said the Siba gas field in the southern Basra province, which is close to the Iranian border, has been 'completely shut down' and nearly 600 workers, including 100 engineers, were transported to Kuwait because of the escalation. 'It should be noted that the Siba field is one of the pillars for Iraq's plans to reduce its reliance on gas imports,' the report said. With an area of nearly 150 square kilometres, Siba field contains more than one trillion cubic feet of natural gas and is jointly operated by Kuwait Energy Company, Turkey's TPAO, the Egyptian General Petroleum Corporation and Iraq's Maysan Oil Company. Iraq, a founding OPEC member, has launched a drive to develop its gas deposits of around 3.5 trillion cubic metres to lessen imports and ensure sufficient fuel for its power facilities, which have been heavily dependent on Iranian gas. On Saturday, Israel sent shock waves when its drones struck an onshore gas processing facility near the giant South Pars gas field, heightening fears of an escalation of attacks on hydrocarbon production installations in both countries. South Pars and North Dome offshore fields are by far the world's largest gas reservoir, with an estimated 1,800 trillion cubic feet (51 trillion cubic metres) of natural gas condensates. The field is shared by Iran and Qatar and has an area of 9,700 sq km. 'South Pars is a key component of Iran's economy as it supplies gas to the local market, Iraq, Turkey and other countries,' said Nabil Al-Marsoumi, an energy and economics professor at Basra University. 'Therefore, the field holds significant strategic importance, not only for Iran's energy sector, given the current electricity crisis, but also for the global energy market. If the field is seriously damaged, it will have drastic repercussions not only internally but also on Iranian gas exports, particularly to Iraq and Turkey.' Iraq, which controls the world's fifth largest proven oil deposits, said last month that it considering importing gas from Turkmenistan within a swap agreement with Iran. Iraq's electricity minister Ziad Fadhil, who visited Ashgabat in May, said the deal involves importing 20 million cubic metres of natural gas per day from Turkmenistan, which will pipe the supplies to Northern Iran. Iran will then export the same quantity of its own gas to Iraq and keep the imported Turkmenistan gas for its own domestic use, he said. 'If the hostilities in the region escalate, I don't believe such import plans will work,' Manar Al-Obaidi, a well-known Iraqi energy analyst told Zawya Projects. Iran had been the sole gas supplier to Iraq with daily exports of around 50 million cubic metres before they sharply receded this year after a sharp rise in domestic consumption outpaced Iran's production. Iraq's Electricity Ministry reported last month that Iranian gas supplies plunged to around 20 million cubic metres per day in May from the contracted 45 million during that month, causing a large decline in its power generation. Baghdad signed a gas supply contract with Turkmenistan in 2024 but it has remained on the shelve apparently because of Western sanctions on Tehran. Iraqi officials said this year they would import offshore terminals to receive LNG shipments from some gas producers, including Qatar and Oman. (Reporting by Nadim Kawach; Editing by Anoop Menon)
Shafaq News
14-06-2025
- Business
- Shafaq News
Iran-Israel attacks force shutdown of key Iraqi gas field
Shafaq News/ Kuwait Energy has suspended operations at Iraq's Siba gas field in response to the escalating conflict between Iran and Israel, a source at Basra Gas Company reported on Saturday. The shutdown order, issued to both Iraqi and foreign staff, halts all activity at the site, located east of Basra, which typically yields around 50 million cubic feet of gas and 1,200 barrels of liquefied gas daily. Basra Gas Company is set to meet with Kuwait Energy to clarify the reasons behind the decision. The suspension comes as Israel continues its large-scale airstrikes on Iranian nuclear and military targets. Tehran has retaliated with massive missile barrages, launching over 300 projectiles into Israeli territory.
Mid East Info
21-05-2025
- Business
- Mid East Info
KROHNE Engages the Energy Sector to Drive Sustainable Innovation Across Middle East - Middle East Business News and Information
Over 100 industry leaders from ADNOC, Kuwait Energy, Dubai Petroleum, and others gathered across Dubai, Ruwais, and Fujairah to explore KROHNE's innovative flow measurement technologies and deepen regional partnerships focused on sustainable, efficient energy operations. Expo City, Dubai – 19th May 2025 — KROHNE Middle East successfully hosted its 'Technology Showcase Week 2025' from 5th May to 9th May 2025, engaging key stakeholders from across the energy sector to explore sustainable, future-ready solutions in flow measurement and systems. Held at three strategic locations — Dubai, Ruwais, and Fujairah — the series of seminars welcomed over 100 participants from more than 25 leading companies, including ADNOC, Kuwait Energy, Dubai Petroleum, Borouge, Fertiglobe, and CPECC. The initiative was designed to showcase KROHNE's latest technologies, strengthen customer relationships, and highlight its comprehensive portfolio of system solutions and services, while placing strategic emphasis on innovation, operational efficiency, and ESG commitments. The seminars featured a lineup of expert-led technical presentations covering essential topics for the region's evolving energy landscape. A notable highlight of Technology Showcase Week was the announcement of expanded regional training capabilities — reaffirming KROHNE's commitment to knowledge-sharing, operational excellence, and regional capability development. The seminars featured a series of expert-led technical presentations covering key areas of operational efficiency and flow measurement innovation. Presentations and topics included: Coriolis Mass Flowmeters — Hassan Al Rawni, International Product Manager — Optisonic Ultrasonic Flowmeter Series — Gert Jan Van Os, International Product Manager — Summit 8800 Flow computer — Tony Van Weers, International Product Manager — Pipeline Leak Detection Systems — Ashok Masand, Middle East and Africa Sales Manager — Calibration and Maintenance Excellence — Alok Khatlawala, Middle East Sales Manager — Digital Systems and Solutions Portfolio — Amit Chauhan, Middle East Manager Jay Gadhavi, Middle East Regional General Manager at KROHNE, shared his thoughts on the week's success : 'Technology Week was a great chance to connect with our customers and partners and show what has made KROHNE special for over a century now — real collaboration, deep expertise and strong relationships. We believe lasting success comes from working closely with people — whether it's customers, colleagues, or industry peers. These seminars are part of our promise to deliver smart, sustainable innovation that fit the region's needs, while helping build a fairer future through better measurement and local know-how. At the heart of it all is human connection — that's where the real impact happens.' ABOUT KROHNE The KROHNE Group is a global manufacturer and provider of process instrumentation, measurement solutions and services in many industries. Founded in 1921 and headquartered in Duisburg, Germany, we offer local contacts for instrumentation projects of any size in over 100 countries. KROHNE stands for innovation and highest product quality as one of the market leaders in the process industry. KROHNE, as a family-owned century-old entity, has a vested interest in empowering our customers in a just transition towards net zero and is proud to be AHK's (German Emirati Joint Council for Industry and Commerce) Sustainability Series partner, a member of the United Nations Global Compact UAE chapter and a member of IRENA's Alliance for Industry Decarbonisation. KROHNE is also ECOVADIS Silver Certified. KROHNE is an independent family-owned business, fully owned by the Rademacher-Dubbick family. KROHNE ensures they put people and planet before profits through highly engineered industrial measurement technology that make sustainable business decisions easier. Visit for more information. For further information please contact: Jonathan Ashton Head of Marketing and Communications KROHNE Middle East and Africa Expo City Dubai Sustainability District, 6 Mangrove Quarter A Unit 1 Second Floor P.O. Box 17344 Dubai United Arab Emirates
Zawya
19-05-2025
- Business
- Zawya
KROHNE engages the energy sector to drive sustainable innovation across Middle East
Over 100 industry leaders from ADNOC, Kuwait Energy, Dubai Petroleum, and others gathered across Dubai, Ruwais, and Fujairah to explore KROHNE's innovative flow measurement technologies and deepen regional partnerships focused on sustainable, efficient energy operations. Expo City, Dubai – KROHNE Middle East successfully hosted its 'Technology Showcase Week 2025' from 5th May to 9th May 2025, engaging key stakeholders from across the energy sector to explore sustainable, future-ready solutions in flow measurement and systems. Held at three strategic locations — Dubai, Ruwais, and Fujairah — the series of seminars welcomed over 100 participants from more than 25 leading companies, including ADNOC, Kuwait Energy, Dubai Petroleum, Borouge, Fertiglobe, and CPECC. The initiative was designed to showcase KROHNE's latest technologies, strengthen customer relationships, and highlight its comprehensive portfolio of system solutions and services, while placing strategic emphasis on innovation, operational efficiency, and ESG commitments. The seminars featured a lineup of expert-led technical presentations covering essential topics for the region's evolving energy landscape. A notable highlight of Technology Showcase Week was the announcement of expanded regional training capabilities — reaffirming KROHNE's commitment to knowledge-sharing, operational excellence, and regional capability development. The seminars featured a series of expert-led technical presentations covering key areas of operational efficiency and flow measurement innovation. Presentations and topics included: Coriolis Mass Flowmeters — Hassan Al Rawni, International Product Manager Optisonic Ultrasonic Flowmeter Series — Gert Jan Van Os, International Product Manager Summit 8800 Flow computer — Tony Van Weers, International Product Manager Pipeline Leak Detection Systems — Ashok Masand, Middle East and Africa Sales Manager Calibration and Maintenance Excellence — Alok Khatlawala, Middle East Sales Manager Digital Systems and Solutions Portfolio — Amit Chauhan, Middle East Manager Jay Gadhavi, Middle East Regional General Manager at KROHNE, shared his thoughts on the week's success: 'Technology Week was a great chance to connect with our customers and partners and show what has made KROHNE special for over a century now — real collaboration, deep expertise and strong relationships. We believe lasting success comes from working closely with people — whether it's customers, colleagues, or industry peers. These seminars are part of our promise to deliver smart, sustainable innovation that fit the region's needs, while helping build a fairer future through better measurement and local know-how. At the heart of it all is human connection — that's where the real impact happens.' ABOUT KROHNE The KROHNE Group is a global manufacturer and provider of process instrumentation, measurement solutions and services in many industries. Founded in 1921 and headquartered in Duisburg, Germany, we offer local contacts for instrumentation projects of any size in over 100 countries. KROHNE stands for innovation and highest product quality as one of the market leaders in the process industry. KROHNE, as a family-owned century-old entity, has a vested interest in empowering our customers in a just transition towards net zero and is proud to be AHK's (German Emirati Joint Council for Industry and Commerce) Sustainability Series partner, a member of the United Nations Global Compact UAE chapter and a member of IRENA's Alliance for Industry Decarbonisation. KROHNE is also ECOVADIS Silver Certified. KROHNE is an independent family-owned business, fully owned by the Rademacher-Dubbick family. KROHNE ensures they put people and planet before profits through highly engineered industrial measurement technology that make sustainable business decisions easier. Visit for more information. For further information please contact: Jonathan Ashton Head of Marketing and Communications KROHNE Middle East and Africa Expo City Dubai Sustainability District, 6 Mangrove Quarter A Unit 1 Second Floor P.O. Box 17344 Dubai United Arab Emirates
