French giant signs mega deals with Iraq for oil, gas, water ...Middle East

French energy giant Total signed mega contracts with Iraq worth USD 27 billion to develop oil fields, natural gas and a crucial water project that officials said Monday will be key for the oil-rich country to maintain crude output. The deals were inked Sunday with Prime Minister Mustafa al-Kadhimi in attendance, according to an Oil Ministry statement. Total signed contracts with the ministry to develop the Ratawi oil field in southern Iraq, a gas processing hub to capture natural gas from five southern oil fields, and a much needed project to treat Gulf seawater and inject it into reservoirs to maintain oil production levels. A fourth project was signed with the Electricity Ministry to build

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