Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

Moreover, it was also recently announced that BP is expected to spend up to $25 billion in a 25-year profit-sharing agreement to redevelop four Kirkuk oil and gas fields in Iraq. Under the terms of ...

BP hits pause on renewables in Australia but ramps up oil investment in Iraq--what this shift means for investors.

BP is about to make a big bet on Iraq—again. After years of false starts, geopolitical chaos, and stalled negotiations, the British oil major is reportedly gearing up to invest up to $25 billion ...

The British ambassador to Baghdad said on Wednesday that BP will engage the Kurdistan Region regarding its controversial ...

Kirkuk’s oil sector in February 2025, marking its third attempt to operate in the region amid ongoing geopolitical complexities.

Iraq branch chief on Tuesday said that the company’s new agreement to redevelop four key oilfields in Kirkuk province will ...

He revealed that under this agreement, BP aims to increase Kirkuk’s oil output from 300,000 barrels per day to one million.

Energy giant BP is projected to invest up to $25 billion over the life span of a project to redevelop four Kirkuk oil and gas ...

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.