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The latest announcement is out from TotalEnergies SE ( (FR:TTE) ).
TotalEnergies has commenced the construction of the final two major projects of its Gas Growth Integrated Project (GGIP) in Iraq, which includes the Common Seawater Supply Project and the full field development of the Ratawi oil field. These projects aim to enhance Iraq’s natural resources, improve electricity supply, and reduce greenhouse gas emissions, while employing thousands of Iraqi workers. The GGIP, a multi-energy initiative, is designed to sustainably develop Iraq’s resources, contributing significantly to the country’s economy and energy independence.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company that produces and markets a range of energies including oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity. With over 100,000 employees, the company operates in about 120 countries and emphasizes sustainability in its strategy and operations.
Learn more about TTE stock on TipRanks’ Stock Analysis page.