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Qatar eyes $5 billion investment in Iraqi projects

Qatar plans to invest $5 billion in a number of sectors in Iraq over the coming years, Reuters reported, citing Qatari state news agency that cited quotes from Qatar’s Emir Sheikh Tamim bin Hamad al-Thani. The emir arrived in Iraq on an official visit where he signed memorandums of understanding (MOUs) to expand cooperation on […]

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TotalEnergies selected for $4.5 billion hydropower project in Mozambique

Mozambique has selected a consortium including TotalEnergies and Electricite de France in a $4.5 billion hydroelectric project in the south-east African nation as investment in clean energy continues to climb. The 1,500-megawatt Mphanda Nkuwa dam and an associated transmission line is aimed at easing the power crisis in the region, Bloomberg reported on Friday, citing a government statement. Japan’s Sumitomo […]

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Iraq says TotalEnergies to begin $27 billion project in second half of 2023

Iraq expects TotalEnergies to begin operations on a long-delayed $27 billion oil, gas, and renewables project in the second half of 2023 after finalising side-contracts with a state oil company, Reuters reported, citing Iraq’s deputy oil minister. Basim Mohammed, Iraqi deputy oil minister for upstream affairs, said TotalEnergies and the Basra Oil Co “are now […]

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Saipem consortium wins FEED contract for TotalEnergies’ LNG project

A consortium of Saipem, Daewoo Engineering & Construction and Tripatra Engineers and Constructors has secured the front-end engineering and design (FEED) contract for the upstream facilities of TotalEnergies’ Papua LNG project. Indonesian contractor Tripatra said the contract covers phase two of the FEED work including for the central processing facility and well pads for the […]

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Sinopec, TotalEnergies eyeing $10 billion investment in Aramco’s Jafurah project

Sinopec and TotalEnergies are among the companies holding talks to invest in Aramco’s Jafurah development, Bloomberg reported, citing people familiar with the matter. Saudi Arabia’s state-owned giant is seeking to exploit one of the world’s largest untapped gas fields. The Chinese and French energy giants are in separate discussions with Saudi Aramco about the plans that […]

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ADNOC, TotalEnergies sign $1.2 billion strategic agreement

ADNOC’s gas unit has announced a three-year supply agreement with French multi-energy company TotalEnergies Gas and Power Ltd, a subsidiary of TotalEnergies for the export of LNG. The value of the agreement is between $1 billion to $1.2 billion under current market conditions, ADNOC said in a press release. Under the terms of the agreement, […]

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