Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...
The project would potentially ... % stake in a joint venture operating the Rumaila oilfield in southern Iraq, where it has been active for a century. "BP to ink agreement with Iraq to redevelop ...
The Rumaila field, one of the world’s biggest, is jointly operated by Iraq, BP Plc and PetroChina Co., and there are plans to bolster production to just over 2 million barrels per day by the end ...
BP (NYSE:BP) and Iraq's government will ... and it owns a 50% stake in a joint venture operating the giant Rumaila oilfield in southern Iraq.
Following the 2003 invasion of Iraq by U.S. alliances, bp's presence in Iraq resumed with a major stake in the Rumaila oilfield contract. Subsequently, the company signed a $100 million agreement ...
“The objective is to enhance production and achieve optimal targeted rates of oil and gas output,” the Iraq ... BP, together with PetroChina and Basra Oil Company, is also working to develop ...
LONDON, Jan 15 (Reuters) - Iraq and British oil major BP (BP.L), opens new tab will sign ... 50% stake in a joint venture operating the giant Rumaila oilfield in the south of the country, where ...
BP is expected to spend as much as $25B to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, as the country seeks to win back foreign investment.
A senior Iraqi official said that BP will spend up to 25 billion dollars over the life of a project redeveloping four Kirkuk oil fields and gas.
Energy giant BP is projected to invest up to $25 billion over the life span of a project to redevelop four Kirkuk oil and gas ...
Provided the deal is signed, which the official said could be over the coming weeks, it would mark a breakthrough for Iraq ...