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Reuters
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Iraq signs joint operation agreement with France's TotalEnergies, QatarEnergy LNG

1. TotalEnergies signs joint operation agreement in Iraq, enhancing operational footprint. 2. The agreement involves QatarEnergy, potentially boosting revenues for all involved.

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FAQ

Why Bullish?

The agreement expands TTE's presence in a key oil market, similar to past ventures that led to price appreciation.

How important is it?

The partnership signals growth potential in a geopolitically significant region, impacting future earnings projections.

Why Long Term?

Strategic agreements like this often result in sustained revenue growth over several quarters.

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