The Iraqi Megaproject No One Thought Would Happen Is Racing To Completion

Progress on the key elements in TotalEnergies’ US$27 billion four-pronged project that will define Iraq’s oil and gas sector in the years to come ranges from 80% to 95% complete, according to reports from the country’s Oil Ministry. This runs from 80% finished on the rehabilitation work on the first Central Processing Facility -- expected to double production capacity from 60,000 to 120,000 barrels per day (bpd) -- to 95% finalised on the Artawi-PS1 export pipeline project. Overall, a senior source who works very closely with…