US oil field services firm Baker Hughes has signed on to develop a new project in Iraq aimed at eventually capturing 200mn f3/d of flared gas for power generation. The deal comes as Baghdad looks to reduce its reliance on gas imports from Iran. The project involves the construction of modular gas processing plants at the Nassiriya and Gharaf oil fields in the southern Dhi Qar province to handle up to 200mn f3/d of gas which would otherwise be flared, the oil ministry said today. Signed with state-owned South Gas Company, the deal comes more than three years after Baker Hughes agreed to build a natural gas liquids ... (full story)