TotalEnergies deal may be launchpad for Iraq’s energy sector
Gas Growth Integrated Project pivotal to key Opec producer’s longer-term success
Iraq’s Gas Growth Integrated Project (GGIP) may have reached its final form after many previous iterations. In early April, Baghdad reached a final agreement with TotalEnergies and state-controlled QatarEnergy on the shape of the partnership. With Iraq’s energy sector finally showing signs of progress, the GGIP is crucial to its goals on at least three fronts. The new administration of Prime Minister Mohammed Shia al-Sudani has been much more active than its predecessors in advancing energy sector deals. In February, the government concluded six exploration and development contracts that had been in limbo since 2018’s fifth licensing round. In early April, it reached a temporary deal with th
Also in this section
19 December 2024
Deepwater Development Conference welcomes Shell’s deepwater development manager to advisory board for March 2025 event
19 December 2024
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!