By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Mohammed Makiyya, held a meeting with Adham Al-Fakhar, Chairman of the Iraqi-French Business Council, and its members to discuss promising strategic investment projects. Dr. Makiyya emphasized the NIC's commitment to advancing a forward-looking investment policy that prioritizes innovative projects to strengthen Iraq's […]
By John Lee. Dr. Haider Mohammed Makiyya, Chairman of Iraq's National Investment Commission (NIC), announced the commission's active role in sustainable development projects, particularly in reclaiming millions of dunams of agricultural land stretching from southern Iraq to Anbar. According to an NIC statement, this initiative aims to foster partnerships with international organizations that can provide […]
By John Lee. QatarEnergy is to take a 50-percent stake in the TotalEnergies solar energy project in Iraq: Partnership Agreement: QatarEnergy has signed an agreement with TotalEnergies for a solar power project in Iraq as part of the Gas Growth Integrated Project (GGIP). Stake Distribution: QatarEnergy will acquire a 50% stake in the project, with […]
By John Lee. Iraq's Minister of Electricity, Eng. Ziyad Ali Fadel, chaired a technical meeting with Chinese company Huawei to discuss the proposal for a fast-installation solar power plant with a capacity of 100 MW in Karbala. The project is intended to be completed within six months and operational by summer 2025 to help meet […]
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Who Is Playing Who In The Great Iraq Carve-Up? Last week's announcement that the China Energy Engineering Corporation (CEEC, Energy China) is to work with the French firm TotalEnergies on the […]
By John Lee. UK-based Hydro-C has won a contract to design and supply a solar power plant for Basra Oil Company (BOC) at Iraq's Majnoon oil field. The plant will be supplied from the UK and installed in Iraq. According to a statement from the Iraq Britain Business Council (IBBC), of which Hydro-C is a […]
By John Lee. China Energy Engineering Corporation (Energy China, CEEC) and France's TotalEnergies have signed an EPC contract for a 1-GW solar power project at the Ratawi [Artawi] field in Basra. According to a statement from Energy China: "This project is the first large-scale project in the Iraqi government's PV construction plan, and serves as […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has initiated the construction of three major power projects in Karbala: a 132 MW combined cycle gas power plant; a 300 MW solar power project; and the 400 kV Karbala transmission substation with a capacity of 1500 MVA. According to a statement from the Prime Minister's […]
By John Lee. UK-based oil major BP has said that negotiations regarding an integrated redevelopment programme for the Kirkuk region are expected to be complete early in 2025. The non-binding agreement, signed on Thursday, involves the rehabilitation and development of four oil fields in Kirkuk. It also proposes to explore opportunities for investment in power […]
By John Lee. The Iraqi Council of Ministers has authorised the Ministry of Electricity to extend an invitation (the "sole offer") to the Emirati company AMEA Power to present its proposal to build a 500-MW solar power plant, with the option to add batteries. This move allows the Ministry of Electricity to proceed with the necessary […]
By John Lee. Iraq's Ministry of Oil has signed a Heads of Agreement (HoA) with the Chinese company Geo-Jade and the Iraqi company Crescent Basra (Hilal al-Basra) to invest in the integrated development project at the Tuba field, in the Zubair district of Basra. According to a statement from the Ministry, the project would have […]
By John Lee. Iraq's Ministry of Electricity and the French company TotalEnergies have signed two contracts to produce 1,000 megawatts of solar power. The development will be built in four, 250-MW phases at the Ratawi [Artawi] field in Basra. According to state-run Iraqi News Agency (INA), it will be completed within two years. (Sources: INA; […]
