Executive Summary
Recent Iraqi Government decisions and publicly available reporting indicate Iraq has entered a significant phase of energy sector development involving major international companies. The Government of Iraq has approved and is advancing major projects involving U.S., European, and international companies across the country’s power, oil, gas, and supporting infrastructure sectors.
Current Situation — Assessment
Current reporting indicates Iraq is moving beyond planning into execution across multiple major energy projects. While individual projects remain at different stages of development, recent Government activity reflects continued momentum toward long-term investment.
Company Activity Tracker
The living element of this brief — refreshed as project status changes.
| Company | Current Activity | Current Status |
|---|---|---|
| GE Vernova | National power generation expansion | Strategic agreement progressing |
| Siemens Energy | National power generation expansion | Strategic agreement progressing |
| Chevron | West Qurna / pipeline initiatives | Negotiations underway |
| Halliburton | Southern Iraq oil field development | Contract implementation progressing |
| Baker Hughes | Gas processing and flare reduction | Agreement progressing |
| BP | Kirkuk oil and gas redevelopment | Agreement progressing |
| TotalEnergies | Gas Growth Integrated Project | Construction underway |
| KBR | Pipeline engineering consultancy | Consultancy agreement |
Source
This assessment has been prepared using publicly available information that has been cross-referenced, where possible, through multiple independent sources. Primary references include Iraqi Government announcements, Iraqi Council of Ministers decisions, the Iraqi News Agency (INA), Reuters, company press releases, and established industry reporting.
