Under the award, New Wave Offshore Energy will provide Marine Warranty Surveyor services associated with international transportation and shipment of line pipe packages and related project materials supporting the AGUP2 NWP development package.
The scope includes independent review and approval activities related to marine transportation engineering, shipment procedures, load-out and load-in operations, transportation routing, weather criteria, and marine transportation risk management for cargoes originating from multiple international supply locations.
Phase 2 of the Ratawi field redevelopment (AGUP2), which was launched in September 2025, will enable production to increase to 210,000 bpd starting in 2028, and position Ratawi as one of Iraq’s lowest-emission oil production sites.
“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.”
The contract further expands New Wave Offshore Energy’s growing global portfolio of Marine Warranty Survey projects supporting offshore energy, infrastructure, transportation, and industrial developments worldwide.
The GGIP is designed to enhance the development of Iraq’s natural resources to improve the country’s electricity supply. This 4-in-1 multi-energy project comprises the recovery of gas that is currently flared at three oil fields in southern Iraq to supply electric power plants, the redevelopment of the Ratawi oil field, the construction of a 1 GWac (1.25 GWp) solar farm, and a seawater treatment plant.
