The contract with the Ministry of Electricity and the National Investment Commission includes development of a 450-MW plant in Dhi Qar Governorate; two plants with capacities of 100 MW and 250 MW in Ramadi; a 100-MW plant in Mosul; and a 100-MW plant in Amarah.
“This agreement strengthens the already powerful bond between the UAE and the Republic of Iraq, and will facilitate knowledge exchange between our two great nations,” said Mohamed Jameel Al Ramahi, CEO of Masdar. “The UAE and Iraq share a common goal to diversify the energy mix, and to take a lead on climate action.”
Iraq is looking to raise the capacity of its renewables by 20-25% by 2030, which amounts to 10-12 GW.
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
This website uses cookies.