IRAQ

IRAQ

Iraq allocates $417 million for new marine pipeline – EQ Mag

June 1, 2023

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Baghdad : In a step aimed at boosting oil exports, the Iraqi government allocated about $417 million to build a third offshore oil export pipeline, Sky News Arabia reported. The Basra Oil Company (BOC) announced on Monday that strategic projects for infrastructure, production, and export will be carried out. The Director of BOC, Bassem Abdul […]

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IRAQ

Iraqi govt greenlights Power China’s 750-MW solar project – EQ Mag

June 1, 2023

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The Iraqi cabinet has actually given the green light to a 750-MW solar project that Chinese state-owned conglomerate Power Construction Corp of China (Power China) is planning to construct in the south of the Arab country. The solar park will certainly be situated in Al Muthanna Governorate and will require about USD 520 million (EUR […]

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IRAQ

Iraqi Kurdistan’s first solar plant helps with power outages, boosts agriculture – EQ Mag

May 25, 2023

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The Kurdistan Regional Government’s efforts to increase renewable energy usage come amid persistent electricity shortages throughout Iraq, as well as rising environmental concerns. Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani unveiled a planned solar power plant in Erbil last week that stands to benefit the agriculture sector as well as chronic electricity shortages. Kurdistan […]

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IRAQ

Iraq And Iran Ignore U.S. Sanctions In Talks To Expand Energy Ties – EQ Mag

May 15, 2023

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Iran and Iraq signed an agreement on Wednesday to expand energy ties. As a result of harsh US sanctions, billions in Iraqi funds owed to Tehran have been frozen. Due to the sanctions on Iran, Iraq is only allowed to receive Iranian energy imports and pay for them via waivers that extend up to 120 […]

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IRAQ

Total’s $27 billion Iraq project expected to begin in two weeks, oil minister says – EQ Mag

May 4, 2023

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BAGHDAD : Iraq and TotalEnergies (TTEF.PA) expect to kick-start a long-delayed $27 billion project within the next two weeks, Iraq’s oil minister Hayan Abdel-Ghani said on Wednesday. Abdel-Ghani said at a conference in Baghdad he expected five side agreements related to the deal to be signed in the next two weeks, paving the way for […]

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IRAQ

These are the top clean energy sector trends this year – EQ Mag

April 27, 2023

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The US has become a leader in low-carbon hydrogen production thanks to new policies, S&P says S&P Global has identified key trends in the renewable energy sector this year, as the industry recovers from the effects of the pandemic and supply chain disruption. Renewable energy adoption underwent a significant boost last year due to the […]

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IRAQ

Scatec Exits Iraq Solar Power Projects Amid Delays

April 17, 2023

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Norway’s renewables developer Scatec has decided to exit its awarded but yet-to-be contractually finalized solar projects in Iraq. The firm confirms that it has pulled out of Iraq, following an initial report by Iraq Oil Report, telling MEES that “as part of our sharpened strategy, we have decided to focus our efforts on carefully selected […]

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IRAQ

Iraq, Saudi Discuss Electrical Interconnector And Solar Projects

April 17, 2023

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Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, held a meeting in Riyadh with Iraqi Minister of Electricity, Engineer Ziad Ali Fadel. During the meeting, they discussed the developments in the electrical interconnection project between the two countries. This project will contribute to supporting the reliability of the electrical networks […]

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IRAQ

TotalEnergies to develop natural gas resources in Iraq – EQ Mag

April 13, 2023

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Gas Growth Integrated Project will require an investment of US$10 billion QatarEnergy has agreed to take a 25% share in the Gas Growth Integrated Project (GGIP), a multibillion-dollar project aimed at developing the natural gas resources of Iraq. The GGIP consortium will be composed of Basra Oil Company (30%), TotalEnergies (operator – 45%), and QatarEnergy […]

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IRAQ

TotalEnergies to develop 1 GW solar power plant In Iraq as part of $27bn ground-breaking energy project deal – EQ Mag

April 10, 2023

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The project is part of the Gas Growth Integrated Project (GGIP), which aims to enhance the development of Iraq’s natural resources and improve the country’s electricity supply French oil major TotalEnergies has announced plans to develop a 1 GW solar power plant in Iraq to supply electricity to the Basrah regional grid. The company confirmed […]

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