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Iraq activates Kirkuk oil field development contract with BP
Baghdad (IraqiNews.com) — The Iraqi Ministry of Oil announced on Saturday, August 8, 2026, the official activation of its Kirkuk oilfield development contract with British energy giant BP. The project aims to elevate crude oil production from its current capacity of 320,000 barrels per day (bpd) to a peak target of 420,000 bpd. Ministry of Oil Spokesperson Salim Al-Rikabi stated that the contract—initially signed in September 2025—focuses on exp…
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Iraq activates Kirkuk oil field development contract with BP
Baghdad (IraqiNews.com) — The Iraqi Ministry of Oil announced on Saturday, August 8, 2026, the official activation of its Kirkuk oilfield development contract with British energy giant BP. The project aims to elevate crude oil production from its current capacity of 320,000 barrels per day (bpd) to a peak target of 420,000 bpd. Ministry of Oil Spokesperson Salim Al-Rikabi stated that the contract—initially signed in September 2025—focuses on exp…
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