IBBC team meet Basrah Governor, visit Oil & Gas Expo, and meet Basra members The Iraq Britain Business Council (IBBC) management team of Christophe Michels (MD), Dr Ali Jawad (Erbil & Basrah) and Mohand Alkhattab (Baghdad) undertook a trip to Basrah. They met Mr Asaad Al Eidany, The Governor of Basrah, and visited the Oil […]
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; […]
By John Lee. British oil and gas company Shell has withdrawn from the proposed $11-billion Nebras [Nibras] petrochemical project in Basra. According to Argus Media, the company said it made the decision, "after in-depth evaluation on the feasibility of the Nebras integrated petrochemicals complex with our government partners." The company added: "This decision is in […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. TotalEnergies Agreement Smells Filthy The more information becomes available about this agreement, the more it exposes the extent of unfairness and damage to Iraq national interest, and the deception or scandal of […]
By John Lee. French tube maker Vallourec has signed a contract with TotalEnergies for the supply of casing and tubing and associated accessories for the first phase of the Gas Growth Integrated Project (GGIP) in Iraq. The GGIP includes the recovery of gas currently being flared in the Basra region to supply power plants, along […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. TotalEnergies Agreement Smells Filthy Recent information indicates what might be the first scandal of this agreement. The Ministry of Oil (MoO) appears to have given away and for free 31% of actual […]
By John Lee. In a meeting of the Joint Management Committee, Iraq's Oil Ministry discussed the development plan for fields and projects contracted with the French company TotalEnergies. The Deputy Minister for Extraction Affairs affirmed the ministry's commitment to implementing strategic projects with TotalEnergies and QatarEnergy. According to a statement from the Ministry, the four […]
By John Lee. The Iraqi Ministry of Oil reiterated its commitment to executing strategic gas development and investment projects. During a leadership meeting on gas projects held on Sunday at the ministry's headquarters, Deputy Minister for Gas Affairs, Azat Saber, emphasized the importance of accelerating new projects through national efforts and international collaboration, particularly in […]
By Noor Kareem, for the Foreign Policy Research Institute (FPRI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Empowering Iraq: The $27 Billion Deal for Iraq's Energy Sufficiency This past July, Iraq and France's TotalEnergies finalized the Gas Growth Integrated Project, a $27 […]
By John Lee. On Wednesday, Oil Minister Hayan Abdul Ghani received a delegation from the French company TotalEnergies. The delegation included Mr. Laurent Vivier, the Regional Director for the Middle East and North Africa; Mr. Julien Pouget, the Middle East Director for Exploration and Renewable Energy; and Ms. Dunia Al-Jalbi, the Director of TotalEnergies' Iraq […]
By John Lee. During the opening of the first Iraq Oil Projects Exhibition and Licensing Rounds Conference in Baghdad at the weekend, the Minister of Oil reiterated his claim to have increased Iraq's oil and gas reserves by adding 6 billion barrels of crude oil and 32 billion standard cubic feet of gas. (Oil reserves […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why TotalEnergies' $27 Billion Deal With Iraq Is A Gamechanger The long-delayed US$27-billion four-pronged megadeal between France's TotalEnergies and the Federal Government of Iraq has received the final go-ahead from […]
