EIC LIVE e-vents: Iraq Market Update June 2025
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About this event
As part of our ongoing series of webinars providing updates across the GCC, the EIC’s Iraq Market Update will provide delegates with an unmissable opportunity to hear the latest energy sector news directly from key players working in this market. This event will provide an overview on the current status in the country alongside guidance for entering the market and the current state of business from companies who are already working in the region.
Iraq remains a strategically important and opportunity-rich market within the global energy sector. Home to the world’s fifth-largest proven oil reserves (over 145 billion barrels), the country is targeting an increase in production capacity to 6 million bpd by 2027, creating substantial demand for infrastructure and services. The country is also making strides to reduce gas flaring, currently among the highest globally, with a goal of elimination by 2030. Decades of underinvestment have left significant gaps in power generation, refining, and pipeline infrastructure, while ambitious renewable energy targets, including 12 GW of solar by 2030, signal growing diversification. Iraq’s geographic position as a regional energy transit hub and its reactivation of licensing rounds further enhance its attractiveness. With an increasing push for local content, the market offers opportunities for partnerships, technology transfer, and supply chain growth, making Iraq a key focus for companies with long-term regional ambitions.
This webinar will provide valuable insight into how companies can effectively access and operate within Iraq’s evolving energy landscape, from upstream investment to local engagement strategies. We’re pleased to welcome senior representatives from Wood and Gatherton, who will share practical guidance and first-hand experience for businesses looking to explore opportunities in this high-potential market.
Event Details
Date: Tuesday 24th June 2025
Timing: 13:00 - 14:00 UAE Time
Cost: EIC Members: Free to attend / Non-Members: AED 100
Agenda
13:00 Welcome and Introduction
Ryan McPherson, EIC Regional Director, Middle East, Africa, Russia & CIS
13:10 Iraq Market Update - Anand Kumar Ranganathan Senior Business Development Manager
13:20 Wood Project Update – Stuart Gove, Senior Business Devlopment Manager, Wood
11.40 Q&A
12:00 Thank you and close
Sponsorship Opportunities
Should you wish to sponsor this event and increase your brand exposure please contact Baqhtawar Shaikh for further details on the packages available
Additional Information
Please note the webinar will close for registrations Monday 23rd June at 5pm UAE Time
Joining instructions for the webinar will also be issued in advance a day before the event.