ENB Publishers Note: Interesting turn by TotalEnergies to help with Iran’s gas fields. This appears to be going against sanctions that are in place. Verification will need to be used.
Iraqi cabinet granted the country’s oil ministry approval to sign a deal with French Total to execute giant projects including gas capturing at a capacity 600m scf/d and developing Ratawi field, Iraqi News Agency said, citing government spokesman Hassan Nadhim.
Total, after signing the deal, will also build a 1,000 megawatt solar power plant and start work on implementing a giant seawater injection project that aims to boost oil output for the country’s southern oilfields.
In March, Iraq signed head of pact with Total on these projects and were waiting for cabinet approval to proceed with the final signing.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
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