Tag Archives | BP

The latest news BP Iraq – Oil, oilfields, contracts, production and more – brought to you by Iraq Business News

Iraq turns to BP, Eni for Oil Export Pipeline

By John Lee. Iraq is reported to be close to reaching a deal with BP and Eni for an export pipeline project. Al Jazeera quotes senior Iraqi oil officials as saying that the project was initially planned as part of a “megadeal” with ExxonMobil. They said that under the proposed $400-million agreement, BP and Eni […]

$122m BP payment to Iraq in 2018

By John Lee. Oil giant BP has just published details of its transactions with the Government of Iraq in 2018 in respect of the Rumaila oilfield, as part of its Report on Payments to Governments 2018. Click on image below to see in more detail: (Source: BP)

Rumaila hits 30-yr High in Oil Production

The Rumaila oilfield produced 1.467 million barrels per day (bpd) in 2018 – the oilfield’s highest annual rate of production for 30 years. 2018 also saw the milestone of four billion barrels of oil produced since the Rumaila Operating Organisation [ROO] began operating in June 2010. The results were reported in the 2018 Rumaila Annual […]

IBBC holds Iraq’s First Int’l Tech Conference in Baghdad

The Iraq Britain Business Council (IBBC) held Iraq’s first International Tech Conference in Baghdad at the Babylon Rotana Baghdad Hotel on 30 April, hosting government ministers, private industry, entrepreneurs, investors, and representatives from the leading UK and Iraq Tech companies. The purpose of the Conference was to drive confidence, investment and awareness of the power […]

Rumaila raises funds for Iraqi Children Foundation (ICF)

Staff at BP and the Rumaila Operating Organization (ROO) have raised $17,200 for the Iraqi Children Foundation (ICF). According to Julian O’Connell, Rumaila Deputy General Manager and BP Iraq General Manager, this is by far the largest amount they have ever raised with their annual charity fun run. ICF Director Cindy Fogelman expressed the charity’s […]

Amarinth secures order for Pumps at Rumaila

UK-based Amarinth has secured its first order from Iraq Gates Contracting Company (IGCC) for $410K of API 610 OH1 pumps on 22-weeks FCA delivery for the Rumaila oil field, Iraq. This first order for Amarinth from Iraq Gates Contracting Company (IGCC) of $410K is for ten API 610 OH1 condensate transfer pumps with Plan 11 […]

Running for the Children of Iraq

Bright and early last Saturday morning, runners in the Washington, DC area took off when the starting gun fired. It was the sixth annual IN THEIR SHOES 5K for Iraq’s most vulnerable children.  This year, for the first time, the US-based 5K was joined by a “sister” 5K in Basra, Iraq, hosted by BP. Veterans, Iraqi-Americans, diplomats, businesses, children, […]

BP signs Contract to Develop Kirkuk Oil

By John Lee. The Ministry of Oil has announced that BP has signed a contract to develop the Kirkuk oil fields. According to Reuters, the deal with the North Oil Company (NOC) will see BP will boost output capacity from the six fields in the Kirkuk region to more than 1 million barrels of oil […]

China’s ZPEC Wins Contract at Rumaila Oilfield

By John Lee. China’s Zhongman Petroleum and Natural Gas Group (ZPEC) and BP Iraq have signed an integrated drilling service contract for 15 wells at Iraq’s Rumaila oilfield The contract amount is worth approximately $60 million. It is understood that the project was publicly tendered in November 2017. According to a statement from the company, […]

235-MW Rumaila Power Station Opened

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has officially opened the Rumaila power station. The construction of the 235 MW plant was supervised by the China Petroleum Engineering & Construction Corporation (CPECC), the engineering and construction subsidiary of the China National Petroleum Corporation (CNPC). The Minister said the project is considered as […]

Kirkuk Council reportedly files Oil case against Iraq Govt

Kirkuk Governorate Council has reportedly filed a complaint at the Iraqi Supreme Court against the federal government for taking unilateral steps on the governorate’s oil. A press report on February 19 cited three moves that it said Baghdad has taken without consultation with local government: An agreement with British Petroleum (BP) to develop Kirkuk oil […]