BP (NYSE: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.

BP (), which is returning to Iraq after a nearly five-year absence, signed a preliminary agreement earlier this month to develop four oil and gas fields in the Kirkuk region; the company has ...

bp is set to return to Kirkuk’s oil sector in February 2025, marking its third attempt to operate in the region amid ongoing geopolitical complexities. Type your search and press Enter.

BP will start drawing up a major plan to boost output capacity of crude oil and gas from Kirkuk, Bai Hasan, Jambour and Khabbaz fields, Iraq oil ministry officials said.

BP plc (BP), the UK supermajor, has entered into a preliminary agreement with the government of Iraq to rehabilitate and develop four significant oil and gas fields in the northern Kirkuk region.

Under the terms of the contract, BP would boost crude production capacity from the four oilfields in Kirkuk by 150,000 barrels per day (bpd) to raise total capacity to at least 450,000 bpd in 2-3 ...

BAGHDAD (AP) — Iraq is considering a proposal for British oil giant BP PLC to begin work on a major oil field that lies in territory contested by Baghdad and the country's Kurdish minority ...

Iraq and BP, which is returning after a nearly five-year absence, signed a preliminary agreement earlier this month to develop four oil and gas fields in northern Iraq's Kirkuk. BP has estimated ...

BAGHDAD (Reuters) -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 ...

BP has signed a preliminary agreement with Iraq to rehabilitate and develop four oil and gas fields in Kirkuk, aiming to stabilize production and reverse decline in the region's crucial oilfields.