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TotalEnergies, Iraq have agreed to start talks on energy projects, Iraq, France say - Finance news and analysis from Global Banking & Finance Review
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TotalEnergies, Iraq have agreed to start talks on energy projects, Iraq, France say

Published by Global Banking & Finance Review

Posted on September 14, 2026

1 min read

· Last updated: September 14, 2026

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TotalEnergies and Iraq Begin Discussions on Major Energy and Defense Projects

Overview of Energy and Defense Collaborations Between France and Iraq

Initiation of Energy Project Discussions

PARIS, Sept 14 (Reuters) - TotalEnergies and the Iraqi government have agreed to start discussions on energy projects in the country, while France and Iraq have also agreed on a roadmap regarding future acquisitions of weapons from French companies by the Iraqi military, according to a joint French-Iraqi statement on Monday.

Objectives of TotalEnergies' Investments

• TotalEnergies' projects would involve large-scale investments and would be aimed at boosting Iraqi oil production while contributing to improving energy sovereignty and the country's energy transition, the statement said.

Defense Agreements and Future Cooperation

Declaration of Intent for Air Defense Systems

• France and Iraq "applauded the signature of a declaration of intent regarding autonomous air defense systems between the French company Harmattan AI and the Iraqi defence minister," the statement said. It also said that Iraq's prime minister had announced his intent to encourage talks involving other French firms and the defence minister regarding various weaponry systems.

Encouragement of Broader Defense Talks

(Reporting by Michel Rose; Writing by Makini Brice; Editing by Tomasz Janowski)

Key Takeaways

  • TotalEnergies is set to engage in major energy investments in Iraq, focusing on oil production ramp‑up and supporting the country’s energy transition.
  • France and Iraq signed a declaration of intent with Harmattan AI on autonomous air defense systems, paving the way for broader defense cooperation.
  • These developments build on previous agreements such as the 2021 GGIP gas‑to‑power project and Iraq’s growing procurement of French radars and drones.

Frequently Asked Questions

What have TotalEnergies and the Iraqi government agreed upon?
TotalEnergies and the Iraqi government have agreed to start discussions on new energy projects in Iraq.
What is the focus of the proposed energy projects?
The projects will involve large-scale investments to boost Iraqi oil production and improve the country's energy transition and sovereignty.
What agreements exist between Iraq and France regarding defense?
France and Iraq agreed on a roadmap for future weapons acquisitions and signed a declaration of intent for autonomous air defense systems.
Which French company is mentioned in relation to Iraq’s air defense?
The French company Harmattan AI is involved in Iraq's autonomous air defense system agreement.
What other collaborations were discussed by Iraq’s prime minister?
Iraq’s prime minister intends to encourage talks between other French firms and the defence minister regarding additional weaponry systems.

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