However, 18 March saw Iraq’s Council of Ministers approve BP’s US$25bn+ contract to develop five Kirkuk oil fields. These are estimated to contain 20 billion barrels of reserves.

BP (NYSE:BP) and Iraq's government will sign a major deal covering four Kirkuk oil and gas fields by the first week of February, which would be larger than a 2023 deal with TotalEnergies valued at ...

BP and Iraq's government have signed a deal to redevelop four Kirkuk oil and gas fields, marking a breakthrough for Iraq, where production has been hampered by years of war and corruption.

BAGHDAD (Reuters) -BP, Eni and TotalEnergies have begun evacuating foreign personnel from Iraqi oilfields where they operate, state-run Basra Oil Company said on Monday. Output from Iraq's ...

bp plc has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. The contract among North Oil Co. (NOC ...

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.

BP and Shell each expects to ship 2 million barrels of Basra Light crude per month, starting in August and ending in December. The companies will load the oil on tankers at Iraq's Persian Gulf ...

BP <BP.L> is ready to compete for the opportunities that arise in Iraq's oil and gas sector once the country passes its oil and gas law, a senior executive said on Sunday.

BP (NYSE: BP) and Iraq's government will sign a major deal covering four Kirkuk oil and gas fields by the first week of February, which would be larger than a 2023 deal with TotalEnergies valued ...

BP <BP.L> is ready to compete for the opportunities that arise in Iraq's oil and gas sector once the country passes its oil and gas law, a senior executive said on Sunday.