Well report No. RR-7914 · T6N · R42W · SEC 18 · filed October 10, 2026

OffshoreWell report

New Wave Wins MWS Contract on Iraq's 210,000 bpd AGUP Phase 2

New Wave Offshore Energy wins MWS contract from Sinopec for line-pipe shipments tied to Iraq's 210,000 bpd AGUP Phase 2, part of TotalEnergies-operated GGIP.

Field notes

  1. AGUP Phase 2 targets 210,000 bpd of production from the Ratawi field starting in 2028
  2. Phase 2 was launched in September 2025 under the TotalEnergies-operated GGIP consortium with Basra Oil Company and QatarEnergy
  3. New Wave Offshore Energy will act as Marine Warranty Surveyor for international line-pipe shipments to southern Iraq
  4. The contract was awarded by Sinopec International Petroleum Service Corporation
  5. Ratawi is being positioned as one of Iraq's lowest-emission oil production sites under AGUP2

New Wave Offshore Energy has secured a Marine Warranty Survey (MWS) contract from Sinopec International Petroleum Service Corporation covering international transportation of line-pipe packages for the second phase of the Associated Gas Upstream Project (AGUP) in southern Iraq — a development targeting 210,000 bpd of production from 2028.

The award sits inside the TotalEnergies-operated Gas Growth Integrated Project (GGIP), a 4-in-1 multi-energy scheme developed with Basra Oil Company and QatarEnergy. AGUP2 — launched in September 2025 — redevelops the Ratawi oil field and recovers gas currently flared at three southern Iraqi fields to feed domestic power plants. Phase 2 aims to position Ratawi as one of Iraq's lowest-emission oil production sites.

What does the MWS scope cover?

Under the contract, New Wave Offshore Energy will serve as Marine Warranty Surveyor for line-pipe cargoes originating from multiple international supply locations. The award runs across the full marine transportation chain:

  • Independent review and approval of marine transportation engineering
  • Shipment procedures, load-out and load-in operations
  • Transportation routing and weather criteria
  • Marine transportation risk management for the AGUP2 NWP development package

The line-pipe and related project materials feed the AGUP2 development package rather than upstream drilling directly. Sinopec International Petroleum Service Corporation, the contracting party, holds a delivery role on the project.

GGIP bundles recovery of flared gas, the Ratawi redevelopment, construction of a 1 GWac (1.25 GWp) solar farm, and a seawater treatment plant. The consortium frames the package as a route to lift Iraq's electricity supply while monetising gas currently lost to flaring.

Who is speaking on the award?

"We are proud to support Sinopec and TotalEnergies on a project of this scale and strategic importance," said Kyle Eddings, CEO of New Wave Offshore Energy. "This award reflects continued confidence in New Wave Offshore's ability to provide responsive, technically focused Marine Warranty support for complex international transportation and logistics operations. Quality, Integrity and Kindness continue to drive our growth."

Where does this fit in the project's execution chain?

The MWS award follows the September 2025 launch of AGUP2 and the wider GGIP framework already in place with Iraqi authorities and TotalEnergies' partners. New Wave's role is the marine warranty layer across international shipments tied to the Ratawi redevelopment — independent verification of seaworthiness, voyage planning, and load-out engineering for the line-pipe cargoes bound for southern Iraq.

The contract extends New Wave's global Marine Warranty Survey portfolio into Iraq's southern oil province. The surveyor already covers offshore energy, infrastructure, transportation, and industrial developments worldwide.

What to watch

Watch the 2028 startup line for Ratawi under AGUP2: the field is being positioned as one of Iraq's lowest-emission oil production sites, with 210,000 bpd as the headline capacity. Subsequent drilling and completion tenders, solar farm execution milestones on the 1 GWac (1.25 GWp) facility, and seawater treatment plant progress will signal whether the consortium hits its integrated timeline. Line-pipe shipment approvals and load-out operations tied to the New Wave scope will provide the earliest read on execution pace.

via Oilfield Technology (Source)

Filed under

  • marine-warranty-survey
  • iraq
  • totalenergies
  • sinopec
  • ratawi
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