France's TotalEnergies signs $27bn oil, gas, solar deal in Iraq

Baghdad (AFP) Sept 5, 2021

French giant TotalEnergies signed a $27-billion contract to invest in oil, gas and solar production in Iraq Sunday, as the country faces an acute energy crisis. The announcement of the deal, supposed in part to reduce Iraq's reliance on fossil fuels, came as Oil Minister Ihsan Ismail signed the contract at a Baghdad ceremony with TotalEnergies chief Patrick Pouyanne. TotalEnergies has no