Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

GE signs power agreements worth over $1.2 billion with Iraq


davis411
 Share

Recommended Posts

Nice find Prezz

 

Reuters

GE signs power agreements worth over $1.2 billion with Iraq

4 hrs ago
 
 
 
 
 
 
graffiti on a brick building: FILE PHOTO: The General Electric Co. logo is seen on the company's corporate headquarters building in Boston© Reuters/Alwyn ScottFILE PHOTO: The General Electric Co. logo is seen on the company's corporate headquarters building in Boston (Reuters) - General Electric Co said it had signed two new agreements valued at over $1.2 billion with the Iraqi Ministry of Electricity, to undertake maintenance programs across key power plants in the country and bolster its transmission network. 

The U.S. conglomerate was also working with multiple export credit agencies to facilitate financing of more than $1 billion for the projects, it said in a statement https://www.ge.com/news/press-releases/ge-scale-power-stability-through-two-new-agreements-iraqi-ministry-electricity on Wednesday. The deals come as U.S. companies plan to unveil investments and agreements with Iraq's government during Iraqi Prime Minister Mustafa al-Kadhimi's first visit to the White House on Thursday.

Oil company Chevron Corp is expected to sign an agreement with Iraq on Wednesday to develop one of the country's large oil fields. According to a Wall Street Journal report on Monday, U.S. and Iraqi officials also intend to unveil progress toward finalizing natural gas and power-technology deals with Honeywell International Inc and Stellar Energy.

(Reporting by Ashwini Raj in Bengaluru; Editing by Devika Syamnath)

  • Like 4
  • Thanks 3
  • Upvote 4
Link to comment
Share on other sites

  • yota691 changed the title to GE signs power agreements worth over $1.2 billion with Iraq

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.