Money and business in the Middle East.

Oil and gas

Gas Growth Integrated Project (GGIP)

Iraq · Under construction (completion not confirmed)

Multi-energy project in Basra combining associated-gas recovery and processing at Ratawi (up to 600 million cubic feet per day in two phases), full development of the Ratawi field to 210,000 b/d, a Common Seawater Supply Project treating 5 million barrels of water per day for oilfield injection, and a 1 GWac (1.25 GWp) solar plant. As of September 2026 the first 250 MW solar unit is supplying the grid, while Ratawi Phase 1 start-up has been delayed by customs clearance of equipment. The consortium agreed in April 2023 is TotalEnergies 45%, Basrah Oil Company 30% and QatarEnergy 25% (TotalEnergies release, 5 Apr 2023); current interests are not confirmed.

totalenergies.com/company/projects/gas/ggip-multi-energy-project-Irak ↗

Target date passed (Oct 2026); INXEN has no confirmation of completion.

Owner
TotalEnergies (45%), Basrah Oil Company (30%), QatarEnergy (25%)TotalEnergies · as of 5 Apr 2023 ↗
Main contractor
Hyundai E&C (seawater treatment, CSSP); ENKA (Ratawi central processing facility); CPECC (Ratawi gas processing plant)
Location
Ratawi (Artawi) field and Khor Al-Zubair/Umm Qasr coast, Basra Governorate
Announced
5 September 2021
Target (as announced)
Ratawi phase 1 late Oct 2026 at the earliest; phase 2 by 2028
Status checked
27 Sep 2026

Verified · updated 27 Oct 2026

Key facts

~$10 bn

Announced project value

TotalEnergies·As announced Apr 2023·source dated 5 Apr 2023·updated 4 Oct 2026·About this indicator

~$3.0 bn

Awarded contract

Hyundai E&C·Awarded Sep 2025·source dated 15 Sep 2025·updated 27 Oct 2026·About this indicator

Ownership and relationships

Major projects · Iraq

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Sources

  1. TotalEnergies · totalenergies.com
  2. Hyundai E&C · hdec.kr