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GE signed a power agreement with Iraq for more than $1.2 billion

 Last Update: 2023-01-03
 Source: Internet
 Author: User

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GE said it had signed two new agreements worth more than $1.
2 billion with Iraq's Ministry of Electricity to carry out maintenance programs at the country's main power plants and strengthen its transmission network
.

The U.
S.
conglomerate is also working with several export credit agencies to raise more than $1 billion for
these projects.

The deals were announced during the U.
S.
company's
planned first visit to the White House on Thursday by Iraqi Prime Minister Mustafa al-Kadhimi.

In addition, U.
S.
oil company Chevron Corp.
also signed an agreement with Iraq on Wednesday to develop one of
the country's largest oil fields.

U.
S.
and Iraqi officials also intend to announce the final progress
of gas and power technology deals with Honeywell International and Stellar Energy, The Wall Street Journal reported Monday.

electricity

The U.
S.
conglomerate is also working with several export credit agencies to raise more than $1 billion for
these projects.

The deals were announced during the U.
S.
company's
planned first visit to the White House on Thursday by Iraqi Prime Minister Mustafa al-Kadhimi.

In addition, U.
S.
oil company Chevron Corp.
also signed an agreement with Iraq on Wednesday to develop one of
the country's largest oil fields.

U.
S.
and Iraqi officials also intend to announce the final progress
of gas and power technology deals with Honeywell International and Stellar Energy, The Wall Street Journal reported Monday.

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