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Iraq Secures New Investments In Its Booming Oil Industry

After recent announcements of new developments in Iraq by several oil majors, the country appears to be rebounding strongly from the coronavirus pandemic, looking to maintain its reputation for oil as well as establish itself as a renewable energy innovator.  Last week, French supermajor Total announced it would be constructing four large energy projects in the south of Iraq in a $27 million deal, expected to commence before the end of 2021.

  The deal includes investments in improved crude oil recovery, a gas processing plant, enhancing…

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