TotalEnergies, QatarEnergy Begin Final Phase Iraq $27B Energy Project

TotalEnergies and QatarEnergy have launched the final two major components of Iraq's Gas Growth Integrated Project (GGIP), including the Common Seawater Supply Project (CSSP) and the full field development of the Ratawi oil field. The GGIP now has all four segments—natural gas, solar, oil, and water—in the execution phase, aiming to enhance Iraq's energy independence, electricity supply, and reduce greenhouse gas emissions. The CSSP will treat and transport up to 5 million barrels of seawater daily to oil fields, helping conserve freshwater resources for agriculture and irrigation. The Ratawi oil field development aims to increase oil production from 120,000 barrels per day to 210,000 barrels per day by 2028 with no routine flaring. The project also includes a gas processing facility and a 1 GW solar plant, employing thousands of Iraqi workers and attracting renewed foreign investment. This multi-energy initiative underscores TotalEnergies' commitment to sustainable development and Iraq’s goal to boost oil, gas, and power production while reducing reliance on imports from neighboring countries.