Shell Oil Company CEO Wael Sawan announced today, Wednesday, January 15, 2025, the company’s readiness to increase its investments in Iraq.
A statement by the Prime Minister’s media office, received by “Baghdad Today”, stated that “Prime Minister Mohammed Shia al-Sudani received today, Wednesday, at his residence in the capital, London (Sawan), and during the meeting, cooperation between Iraq and the company, which is one of the most important oil, gas and petrochemical companies in the world, was discussed, especially since the government announced many investment opportunities in these sectors.”
The company’s CEO announced “readiness to increase investments in Iraq, especially in the field of associated gas, in addition to investing in the free gas sector, for which the government has offered a licensing round to invest in several regions of Iraq.”