TotalEnergies SE (TTE) starts construction on final components of $10 billion Gas Growth Integrated Project in Iraq, collaborating with Basra Oil Company and QatarEnergy to use treated seawater for oilfield pressure maintenance, freeing up freshwater for agriculture. Ratawi development aims to reach 210,000 barrels per day by 2028 with no routine flaring.
The company plans to capture and process all associated gas to power plants generating 1.5 GW of electricity, enough for 1.5 million Iraqi households. First phase of associated gas, oil, and solar projects to commence in early 2026. TotalEnergies SE (TTE) produces and markets various energy sources, positioning itself as one of the Best Clean Energy Stocks.
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Read more at Yahoo Finance: TotalEnergies SE (TTE) Announces the Start of Construction of the Final Two Major Components of Its $10-Billion Gas Growth Integrated Project (GGIP) in Iraq
