BP (NYSE:BP) said Wednesday it received final approval from the Iraqi government for the redevelopment of the giant Kirkuk oil fields, with an initial plan to produce 3B boe. The signing of a ...

BP has received final government approval for the redevelopment of Iraq's giant Kirkuk oil fields, with an initial plan to produce 3 billion barrels of oil equivalent, the company said on Wednesday.

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 ...

Iraq and oil major BP have signed a deal to redevelop four Kirkuk oil and gas fields, BP said on Tuesday, a breakthrough for Iraq, where output has been constrained by years of war, corruption and ...

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.

Iraq approved BP’s $25B contract to develop key Kirkuk oil fields. The Western megadeals may stabilize Iraq’s oil ambitions and play a role in softening Baghdad–Erbil tensions.

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 roots and should help to bolster ...

The deal, which could be worth $25 billion(€23.8bn) over the lifetime of the project, comes as BP is set to row back on previous targets to cut oil and gas production by 2030.

BP to rehabilitate Kirkuk fields in Iraq. UK supermajor signs MoU with OPEC's second largest producer. Iraqi Prime Minister, Mohammed Shia' Al Sudani, looks on as BP chief executive, Murray ...

BP (NYSE:BP) said Wednesday it received final approval from the Iraqi government for the redevelopment of the giant Kirkuk oil fields, with an initial plan to produce 3B boe. The signing of a ...

BP was a member of the consortium of oil companies that discovered oil in Kirkuk in the 1920s. From 2013 to 2019, ... (ROO), operator of Rumaila, Iraq’s largest producing oilfield. ...