Total expected to sign $27 billion deal on Sept. 5
The package of four projects promises to provide transformational infrastructure for processing gas, boosting electricity supply, and raising oil production capacity.
Leadership from French oil firm Total and Iraq's Oil and Electricity Ministries sign a Heads of Agreement on March 29, 2021. (Source: Oil Ministry media office)
BAGHDAD - French supermajor TotalEnergies is scheduled to sign a multi-billion-dollar energy deal with Iraq this Sunday in Baghdad, according to several officials familiar with the plans.
A formal invitation to the signing ceremony, which was seen by Iraq Oil Report and confirmed as authentic by senior Iraqi officials, says the event will take place at 3 p.m. on Sept. 5 at the Republican Palace.
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