SLB secured a large six-well drilling contract in Iraq on August 12, 2025.
1 report, 1 independent
Updated Aug 12
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What happened
SLB secured a large six-well drilling contract in Iraq on August 12, 2025.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Policy decisions regarding fossil fuels are causing disruptions to oil flow from the Middle East, tied to geopolitical stability.Also in this story
- Escalation of attacks in the Middle East involving Iranian targets in Iraqi bases, a drone hitting a US-owned tanker, and Saudi Arabia joining strikes alongside the US.
- Joint strikes were conducted in Iraqi provinces, while Iran actions simultaneously risked strategic oil flows through the Strait of Hormuz.
- The region is the operational base for the industry.
- Lobbying efforts have revived talks regarding a carbon tax, involving the International Maritime Organization, the Middle East, and Saudi Arabia.
The entities involved
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Coverage
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