OGEJOURNAL Menu

Iraq Seals Energy Partnership with TotalEnergies, QatarEnergy, and Basra Oil Company

Iraq has entered into a landmark joint operations deal with France’s TotalEnergies, QatarEnergy LNG, and the state-run Basra Oil Company to accelerate development of the Artawi oilfield and expand the country’s energy infrastructure.

The agreement forms part of the broader Gas Growth Integrated Project (GGIP), which is designed to boost Iraq’s power supply by capturing flared gas from several oilfields and channeling it into electricity generation. The project also features renewable energy initiatives aimed at reducing the nation’s reliance on costly fuel imports.

As part of the initiative, Iraq’s Prime Minister Mohammed Shia al-Sudani joined Qatar’s Energy Minister and QatarEnergy CEO Saad al-Kaabi, along with TotalEnergies chief Patrick Pouyanne, to announce the launch of the second phase of the Artawi oilfield development. A key element of this phase is the Common Seawater Supply Project, which will deliver up to 5 million barrels of seawater per day to southern oilfields to support production.

In addition, TotalEnergies has struck several side agreements with international engineering firms to expand Iraq’s processing and treatment capacity. These include:

A contract with Turkey’s ENKA to build a central facility capable of handling 210,000 barrels of oil and 163 million standard cubic feet of gas daily.

A deal with China’s Petroleum Engineering & Construction Corp to construct a gas processing plant in the south with a 600 million standard cubic feet per day capacity.

An agreement with South Korea’s Hyundai Engineering and Construction to set up a seawater treatment plant designed to process 7.5 million barrels per day.

Prime Minister Sudani welcomed the influx of foreign investment, calling it a step forward in Iraq’s efforts to stabilize its energy sector and strengthen economic growth.