Iraq’s Most Strategic Gas Field Just Sent a Signal Washington Has Been Waiting F

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Iraq's Akkas gas field, a strategic location, has started full drilling operations led by Schlumberger, potentially signaling a shift in Iraq's influence towards the US and away from China.

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Market impact analysis based on bullish sentiment with 80% confidence.

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Bullish
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80%
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The start of full drilling operations just over a week ago at Iraq’s Akkas gas field -- led by U.S. oilfield services giant Schlumberger along with the state?owned Midland Oil -- could signal far more than an overdue upstream milestone. Given the enormous strategic importance of the field in its geographic location, role in domestic power generation, and as a benchmark in the roll?out of similar projects across the country, it may indicate growing momentum in Iraq’s shift towards the U.S. sphere of influence and away from that of China,…

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المقال الأصلي منشور بواسطة OilPrice.com في يناير 28, 2026.
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