Iraq awards $100M deal for flare gas reduction to UK-based firm Wood, marking a major step in its environmental goals. The agreement aims to cut gas flaring across key oil fields, reduce emissions, and improve energy use. Iraq flare gas reduction deal highlights the country’s push toward cleaner and more efficient oil production.
Additionally, under the contract, Wood will deliver engineering, procurement, and construction (EPC) services. The focus is on brownfield sites, where the company will also carry out site modifications.These upgrades reduce environmental impact and boost operational performance. The deal supports Iraq’s broader plan to reduce gas flaring by 78% before the end of 2025.
Iraq flare gas reduction deal strengthens Wood’s long-term role in Iraq’s energy sector. The company has already led the country’s largest flare gas reduction project. With this new deal, Wood continues supporting Iraq’s shift toward sustainable energy management.
Gas flaring has long posed economic and environmental challenges for Iraq. Oil extraction releases natural gas, which companies often burn off, wasting resources and polluting the environment. The new projects aim to capture that gas and turn it into usable energy, helping Iraq save money and reduce emissions at the same time.
Iraq flare gas reduction deal reflects global pressure to cut carbon output and improve energy efficiency. Iraq is now working to align its oil sector with environmental targets and international standards. The captured gas will be used domestically to power homes and industries, reducing the need for imports.
This deal may open doors for more clean energy investments in Iraq. With the oil sector modernizing, Iraq is turning to experienced international firms for technical support. If this effort succeeds, more flare gas projects will likely follow, accelerating the country’s green energy transformation.
Iraq’s energy leadership now views gas flaring not as waste, but as opportunity. Turning flare gas into fuel is no longer optional—it’s essential for economic and environmental progress.