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 …

1 day 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 ...

17 hours ago · Iraq's domestic needs. The BP deal is focused on rehabilitating facilities in four oil fields and developing natural gas to support Iraq's domestic energy needs. The official said technical and economic negotiations were progressing well and final contracts could be signed in the first half of February and possibly by the end of this week.

1 day 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 ...

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.

1 day 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.

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 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...

Jan 15, 2025 · Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, Oil Minister Hayan Abdel-Ghani told Reuters during a visit to...

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.