Iraq, BP agree to develop 4 Kirkuk fields
Bloomberg L.P. · 1d
BP Finalizes Agreement With Iraq to Revive Kirkuk Oil Fields
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 routes and should help to bolster production from the OPEC member.
Rigzone · 9h
BP, Iraq Strike Deal on Oil Development in Kurds-Claimed Province
BP had stalled plans for years citing risks of political instability in the province claimed by Iraq’s autonomous region of Kurdistan. In 2013 BP signed a deal with the Iraqi government “on providing technical assistance relating to the Kirkuk oil field”, according to the company’s annual report for that year.
devdiscourse · 1d
BP and Iraq: Revitalizing Kirkuk's Oil Fields
BP has signed a significant agreement with Iraq to redevelop four oil and gas fields in Kirkuk, aiming to increase production and support domestic energy needs. The project involves an investment of up to $25 billion and highlights a shift back to oil from renewables for BP.
BP, renewable energy investments
BP to slash renewables spending in pivot back to oil and gas
BP will spend $10bn a year on producing more oil and gas, slash its spending on renewable energy and sell $20bn of assets as it tries to revive its share price under pressure from activist investor Elliott Management.
Iraq and energy giant BP finalised an agreement to develop oil fields in the northern province of Kirkuk, Iraqi authorities ...
The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.
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