The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk, France, January 16, 2023. REUTERS/Benoit Tessier/File Photo
Iraq and French oil major TotalEnergies (TTEF.PA) on Monday signed a long-delayed $27 billion agreement to build four oil, gas and renewables projects.
The deal was signed in 2021 with an initial investment of $10 billion in southern Iraq over 25 years, but it was delayed amid disputes between Iraqi politicians over terms.