Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil confirmed on Tuesday that TotalEnergies projects will offer large production capacities and will stop gas flaring in five oilfields in Iraq.
The Undersecretary of the Ministry of Oil for Extraction Affairs, Bassem Khudair, told the Iraqi News Agency (INA) that TotalEnergies is carrying out four major projects in the oil and gas sectors.
Khudair explained that the four projects included the development of the Artawi oilfield to increase its production capacity, the use of seawater to support oil extraction operations, the Gas Growth Integrated Project (GGIP), aiming to recover flared gas in different oilfields, and the development of a 1-gigawatt solar power plant to supply southern Iraq with electricity.
In July, TotalEnergies signed a $27 billion energy deal with the Iraqi government to increase Iraq’s capacity to produce energy through oil, gas, and renewable energy projects, according to Reuters.
The deal was signed in 2021 to build four oil, gas, and renewable energy projects with an initial investment of $10 billion in southern Iraq over 25 years, but several setbacks amid disputes between Iraqi politicians over the terms hindered the deal.
TotalEnergies CEO Patrick Pouyanne signed the agreement with the Iraqi Minister of Oil, Hayan Abdel-Ghani, at a ceremony held in Baghdad, where Pouyanne described the event as a ‘historic day.’
The Director General for Studies and Planning at the Iraqi Oil Ministry, Naseer Aziz Jabbar, explained that energy projects carried out by TotalEnergies in Iraq will be completed in 2028 and 2029.
