Iraq, BP Agree to Develop 4 Kirkuk Fields

BP unveils multi-billion-dollar deal to redevelop Iraq's oil fields
The energy giant's announcement of the tie-up comes as it finalises plans to ditch renewables targets set under previous CEO. View on euronews
BP Finalizes Agreement With Iraq to Revive Kirkuk Oil Fields
BP Plc finalized an agreement with the government of Iraq to redevelop the giant Kirkuk oil fields, a deal that signals a return to the company’s Middle Eastern routes and should help to bolster production from the OPEC member.
Iraq deal 'one of most important' BP transactions in 20 years: Auchincloss
BP will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by state-owned North Oil Company.
BP signs $25bn deal to redevelop Iraq’s oil and gasfields as it slashes investments in renewable energy
BP’s decision will come after they set some of the most ambitious targets among large oil companies to cut their oil and gas production by 40 per cent by 2030 in order to invest in green energy. But in 2023, the company lowered this reduction target to 25 per cent.
BP Signs Major Oilfield Redevelopment Deal for Kirkuk Oilfields
BP plc BP, the British oil and gas giant, has inked an agreement with Iraq for the redevelopment of four oilfields in Kirkuk. This is a significant development for Iraq, given that its oil and gas output has been restrained for several years due to challenges like war,
BP, Iraq sign deal to revive Kirkuk oilfields
BP has finalised contractual terms with the Government of Iraq to invest in the redevelopment of several giant oilfields in Kirkuk. The investment spans oil, gas, power and water sectors, with potential for further exploration.
BP, Iraq sign deal to develop four Kirkuk oil fields - report
BP (NYSE:BP) and Iraq's government have signed a deal to redevelop four Kirkuk oil and gas fields, Iraq's state news agency reported Tuesday, marking a breakthrough for the country, where production has been hampered by years of war,
rudaw26m
Kurdistan’s oil exports to resume 'in coming hours’: oil ministry
Iraq’s oil minister on Friday said the resumption of Kurdistan Region’s oil exports will be announced “in the coming hours,” ...
US and Iraq Talk About ‘Quickly’ Resuming Key Oil Pipeline
The US and Iraq discussed the resumption of a major pipeline that can transport oil from the Middle Eastern country to global ...
Exclusive: U.S. piles pressure on Iraq to resume Kurdish oil exports, sources say
U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face ...
rudaw1h
Oil producers welcome Rubio’s efforts to restart Kurdish exports
An association of oil producers operating in the Kurdistan Region on Friday welcomed efforts by the United States secretary ...
Iraqi News1d
Iraq’s mega project with BP to cover oil production and modernize facilities
Iraq and energy giant BP finalised an agreement to develop oil fields in the northern province of Kirkuk, Iraqi authorities ...
Iraq says it will submit updated plan to compensate for oil overproduction
Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for ...
Iraq says oil exports from Kurdish region by way of Turkey set to resume
Iraq’s oil ministry has announced the resumption of oil exports from northern Iraq’s semi-autonomous northern Kurdish region ...
Iraqi News1d
Iraq’s Midland Oil Company adopts AI for oil well monitoring
For the first time in Iraq’s energy sector, Midland Oil Company has integrated artificial intelligence (AI) technology to ...
The New Voice of Ukraine on MSN21h
Iraq and Kurdistan resolve oil dispute, paving way for Russian projects
"We have received critical information. Iraqi Foreign Minister Fuad Hussein and Prime Minister Mohammed Shia al-Sudani have ...