Highlights TotalEnergies signed $27 billion worth of deals with Iraq in Sep INOC is a revived company that was dissolved in 1987 The Iraqi cabinet has approved Iraqi National Oil Co., or INOC, becoming a financial partner with TotalEnergies in its projects in Basra, the oil minister and INOC president Ihsan Ismaael said in a Oct. 5 statement, as the country seeks to bolster the role of the reestablished state-owned firm. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Iraqi cabinet also approved at Oct. 5 weekly meeting its support of INOC’s commercial operations and plans to boost Iraq’s oil and gas production, Ismaael said. TotalEnergies didn’t immediately respond to email seeking comment. Iraq signed four energy and power agreements in September worth $27 billion with France’s TotalEnergies as OPEC’s second-biggest producer seeks to attract foreign investment to its oil, gas and electricity sectors. […]