Tag Archives | Stellar Energy

Stellar Energy signs $2bn+ Iraq Power MoU

By John Lee. Iraq's Minister of Electricity, Ziad Ali Fadhil, has signed a cooperation agreement and memorandum of understanding with U.S.-based Stellar Energy to implement strategic projects aimed at advancing Iraq's electricity sector. The first phase of the agreement will be financed through the Export-Import Bank of the United States (EXIM Bank). This will include […]

Stellar Energy discusses Iraq Power Projects with PM

By John Lee. Prime Minister Mohammed S. Al-Sudani met with Stellar Energy's Executive Chairman, Peter Gibson, during his official visit to London to discuss the company's ongoing and future projects in Iraq. The talks focused on Florida-based Stellar Energy's work with the Ministry of Electricity on combined-cycle power plants and gas supply mechanisms, as well […]

EXIM Bank approves $297m for Energy Project in Iraq

By John Lee. The Export-Import Bank of the United States (EXIM) has approved a $297 million final commitment in support of an energy efficiency project in Iraq. The project will increase the availability and reliability of electricity in Iraq by generating power through waste heat. Florida-based Stellar Energy Americas, Inc. will provide engineering, procurement, construction […]

Steller Energy discusses Power Projects with Iraqi PM

By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani received a delegation from Steller Energy in his residence in Washington, D.C. The delegation was led by the company's CEO, Mr. Peter Gibson. During the meeting, they discussed mechanisms of cooperation in the electricity sector and reviewed the progress of the company's projects being implemented in […]

Stellar Energy Reaffirms Commitment to Iraq

By John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani met with Peter Gibson, the CEO of American energy company Steller Energy on Wednesday. They discussed the company's electricity projects and the government's commitment to expanding combined-cycle power projects, a key priority in their service and development program. Prime Minister Al-Sudani emphasized the government's approach of […]

US Company to Upgrade Sadr Power Station

By John Lee. Iraq's Council of Ministers has approved the recommendation to convert the Sadr power station from a simple cycle to a combined cycle operation. The conversion will be done by the American company Stellar Energy for a total cost of $877,200, an increase of 3.2 percent from the original estimate. Total capacity will […]

$8bn New Iraqi Energy Agreements with US Firms

The following commercial agreements worth as much as $8 billion were reached during a signing ceremony between U.S. energy companies and the Government of Iraq on August 19, 2020: Honeywell and the Ministry of Oil agreed to advance the development of the Ar Ratawi [Artawi] gas project, which will further enable Iraq to capture, process, and […]