Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
LNG importers decry EU methane rules
Industry says compliance is near-impossible and have called for more clarity to prevent cargoes being redirected
Saudi Arabia and Kuwait home in on disputed Dorra field
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections
EU and UK look to security beyond gas
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
Power play signals change in Nigeria
With a new board appointed to lead NNPC and moves by President Tinubu to exert control in the Delta region, there is renewed hope the country will be able to turn the corner and rebuild production to former peaks
Sasol delays South Africa’s ‘gas cliff’
The company will use methane-rich gas produced from local coal to temporarily replace lost supplies from Mozambique
UAE studies AI power needs as high gas demand strains energy mix
Rewards offered by investment in the sector must be balanced by its energy consumption amid an increasingly gas-hungry domestic market
China’s oil majors making gas shift
PetroChina, Sinopec and CNOOC are aiming to rebalance their energy mixes but face technically difficult deepwater and shale task
Congo-Brazzaville beefs up gas prospects
The government hopes industry reforms can drive ambitious upstream plans
Gas E&P enters the danger zone
Two consecutive years of sub-par hydrocarbon discoveries signal a precarious time for the energy world
Israel’s gas performance chafes against narrow export horizons
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
West Qurna-1 oilfield is operated by ExxonMobil
Iraq Gas Corporate
Ahmed Mehdi
21 February 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Iraq’s future tied to deadlocked TotalEnergies deal

The $27bn megaproject is key to Iraq’s 2027 oil and gas production goals

The fate of Iraq’s crude and gas production is tied to a stalled $27bn deal with France's TotalEnergies. Almost 18 months after the set of major energy projects was awarded to the French major and a new government was formed, the political limbo remains. The importance of the deal to Iraq’s hydrocarbons sector cannot be underestimated, with the Gas Growth Integrated Project (GGIP) forecast to account for just under 20pc of Iraq’s gas production by 2027 and a seawater injection facility being pivotal to the country’s target of raising oil output from 4.5mn bl/d currently to 7mn bl/d by 2027. c.20pc – GGIP’s projected share of Iraq’s gas production by 2027 Opec’s second-largest produce

Also in this section
Turkey aims to reduce dependence on energy imports
27 May 2025
Country is boosting domestic energy production while targeting development of oil and gas reserves in Africa and Asia
Asia proves a growing draw for Gulf players
27 May 2025
A newly formed joint venture between Saudi Aramco and Sinopec signals rising Gulf interest in the Asian market
Oil and gas price divide raises threat levels, part 2
23 May 2025
LNG projects need the certainty of long-term contracts, but Henry-Hub–linked deals put buyers at significant risk
LNG importers decry EU methane rules
22 May 2025
Industry says compliance is near-impossible and have called for more clarity to prevent cargoes being redirected

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search