bp has a long history of oil exploration and production in Iraq. This history stretches back ‎to the 1920s when the company that would eventually come to be known as bp helped ‎Iraq locate, produce and export oil from Baba Gurgur, Kirkuk. This was …

6 days ago · The prospective BP agreement would be the second major deal between Iraq and an international oil company in as many years after an agreement in Basra with TotalEnergies, opens new tab, valued at ...

6 days ago · The prospective BP agreement would be the second major deal between Iraq and an international oil company in as many years after an agreement in Basra with TotalEnergies, valued at around $27 billion.

6 days ago · BP is about to make a big bet on Iraq—again. After years of false starts, geopolitical chaos, and stalled negotiations, the British oil major is reportedly gearing up to invest up to $25 billion ...

Jan 15, 2025 · Iraq and British oil giant BP have signed a major deal to redevelop four key oil and gas fields in Kirkuk. On Wednesday, Iraq's State News Agency confirmed that Baghdad and BP finalised the agreement to evaluate and execute the redevelopment of Kirkuk's oil and gas fields and adjacent areas.

Aug 1, 2024 · bp has signed a memorandum of understanding (MoU) with the Government of the Republic of Iraq to negotiate a material integrated redevelopment programme for the Kirkuk region, spanning oil and gas investment, power generation and solar, together with wider exploration activities.

BP and Iraq agree on technical terms to redevelop the Kirkuk oilfields, aiming for a deal by early 2025. The project holds the potential for enhanced oil output and renewable energy integration.

Jan 9, 2025 · The U.S. and its allies are leveraging energy investments to counteract China's growing influence in Iraq and the Middle East. BP finalized terms to develop Iraq's massive Kirkuk oil fields.

Aug 20, 2024 · Iraq will share profits with BP from developing its giant Kirkuk oil and gas fields, two officials said on Tuesday, as the country moves away from low-margin service contracts to speed up...

Dec 20, 2024 · BP and Iraq agree on technical terms to redevelop the Kirkuk oilfields, aiming for a deal by early 2025. The project holds the potential for enhanced oil output and renewable energy integration.