Iraq is planning to invite companies for a project to build a waste-to-energy plant within a post-war scheme to develop its infrastructure and services, the local media reported on Monday. The National Investment
Chinese companies secured additional contracts in Iraq in the 2009 international bidding process, along with ExxonMobil, BP, Eni, and Shell. 9 To minimize risks, most of these companies
Despite the extraordinary challenges of war in recent years, Iraq has made impressive gains, nearly doubling the country''s oil production over the past decade. But the turmoil has also undermined the country''s ability to maintain
The combination of TotalEnergies'' expertise in gas exploration and production, the Iraqi state''s commitment and the increasing interest of Qatar for the renewable energies will answer Iraq''s increasing demand in electricity,
Paris, April 5, 2023 – While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi Government have, through exchanges in the past months, including in 4 occasions
A Smelter project requires huge energy supply, was under consideration by MoI in about 1987. 5.5- Cement The current import cost is $780 million. Meeting domestic demand by 2014 does look possible. No projects
Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production for...
The steady increase in demand for energy in Iraq requires the inclusion of the renewable energy in any future plan. This work assesses the feasibility of electric generation
Iraq's Oil Minister Hayan Abdel Ghani said the offered projects will boost the country’s oil and gas reserves. Reuters Iraq Prime Minister Mohammed Shia Al Sudani said his country is committed to “assuring a safe and stable working environment” and to remove “complicated routine and bureaucracy”.
REUTERS/Thaier Al-Sudani/File Photo Purchase Licensing Rights BAGHDAD, May 11 (Reuters) - Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production for domestic use.
Foreign help is not enough to fix energy issues, domestic reform is necessary. This past July, Iraq and France’s TotalEnergies finalized the Gas Growth Integrated Project, a $27 billion energy deal aimed at Iraq’s natural resources and improving the country’s electricity supply.
Iraq aims to lure billions of dollars of investments to develop its oil and gas sector as it looks to ramp up local petrochemicals production and end imports of gas from neighbouring Iran that are currently key to producing power. More than 20 companies pre-qualified for the licensing round, including European, Chinese, Arab and Iraqi groups.
Despite the extraordinary challenges of war in recent years, Iraq has made impressive gains, nearly doubling the country’s oil production over the past decade. But the turmoil has also undermined the country’s ability to maintain and invest in its power infrastructure.
The success of the GGIP project in Iraq depends on the contribution of each partner involved in the consortium. Indeed, each actor has an important role to fulfill to guarantee the project’s long-term success. The French multinational company, TotalEnergies, is still the leader of the GGIP’s consortium in Iraq.
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