Iraq has signed a memorandum of understanding with Total SA to execute “large and promising projects” in the Middle Eastern country, particularly regarding use of natural gas and clean energy, its oil ministry said on Jan. 27.
The agreement was signed during a visit by Total CEO Patrick Pouyanne, the ministry said in a statement.
Total has been active in Iraq for nearly a century, since the 1920s in oil and gas exploration and production, according to the company website.
The French oil major has a 22.5% interest in the Halfaya oil field, currently in production, located in the Missan province in southern Iraq. Total also owns an 18% stake in the Sarsang exploration block located in northern Iraqi Kurdistan as well as market petroleum products and related services in the country.
Recommended Reading
Enchanted Rock’s Microgrids Pull Double Duty with Both Backup, Grid Support
2025-02-21 - Enchanted Rock’s natural gas-fired generators can start up with just a few seconds of notice to easily provide support for a stressed ERCOT grid.
ADNOC Contracts Flowserve to Supply Tech for CCS, EOR Project
2025-01-14 - Abu Dhabi National Oil Co. has contracted Flowserve Corp. for the supply of dry gas seal systems for EOR and a carbon capture project at its Habshan facility in the Middle East.
McDermott Completes Project for Shell Offshore in Gulf of Mexico
2025-03-05 - McDermott installed about 40 miles of pipelines and connections to Shell’s Whale platform.
Equinor’s Norwegian Troll Gas Field Breaks Production Record
2025-01-06 - Equinor says its 2024 North Sea production hit a new high thanks to equipment upgrades and little downtime.
E&Ps Pivot from the Pricey Permian
2025-02-01 - SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug off high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney.