BP and the federal government of Iraq have agreed on the key technical terms in the plan to redevelop the oil and gas fields in Kirkuk which still hold billions of barrels of recoverable oil remaining in place. BP and the Iraqi government signed a preliminary deal on the technical terms, which is a step forward to a fully termed contract, Bloomberg quoted BP Executive Vice President William Lin as saying in a statement on Thursday. The UK-based …

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BP and Iraq Agree Technical Terms for Redeveloping Kirkuk Oil Fields

LONDON (Reuters) - British oil giant BP said on Thursday it had reached an agreement with the Iraqi government on technical terms to redevelop Kirkuk oil and gas fields. The company signed a deal with the Iraqi government in August to develop the Kirkuk oilfield in the north of the country, which will also include building power and solar plants. Sources said […]

لندن – رويترز: قالت شركة «بي.بي» البريطانية العملاقة للنفط أمس الخميس إنها توصلت إلى اتفاق مع الحكومة العراقية بشأن الشروط الفنية لإعادة تطوير حقول النفط والغاز في كركوك. وكانت الشركة قد وقعت اتفاقا مع الحكومة العراقية في أغسطس/آب لتطوير حقل كركوك النفطي في شمال البلاد، والذي سيشمل أيضاً بناء محطات للكهرباء وللطاقة الشمسية. وقالت مصادر […]

اتفاق «بي.بي» والعراق على الشروط الفنية لإعادة تطوير حقول النفط في كركوك

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BP and Iraq agree on technical terms for redevelopment of Kirkuk oil fields

The British oil giant has a long history with the second-largest producer in the Organization of Petroleum Exporting Countries.

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BP, Iraq Advance Redevelopment of Kirkuk Oil and Gas Fields

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British oil major BP has finalised the technical terms with the Iraqi government for redeveloping the Kirkuk oil and gas fields. In August, it signed an agreement with Iraq to develop and explore the Kirkuk oilfield, including plans to build power plants and solar capacity, Reuters reported. Iraq, the second-largest oil producer in Opec, has a production capacity of almost 5 million barrels per day (bpd) and plans to increase it to 6 million by …

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BP and Iraq agree terms on redeveloping Kirkuk oilfield

British energy major, bp has finalised technical terms with the Iraqi government for the redevelopment of the Kirkuk oil and gas fields.

BP and Iraq Agree Technical Terms for Redeveloping Kirkuk Oil Fields

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