Tag Archives | BP

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

Successful IBBC Conference in Dubai

IBBC's 5th Annual Iraq Conference in Dubai - Opportunity in Adversity The Iraq Britain Business Council (IBBC) was much praised at its conference on Thursday for pioneering in COVID-19 times by bringing together senior officials from Iraq, the UAE and the UK, prominent international and Iraqi businessmen, bankers and professional advisers as speakers and over […]

Key Speakers to address Iraq Petroleum Virtual Event

Iraqi Government and Oil and Gas Industry Thought Leaders to Speak at Iraq Petroleum Virtual Event Annual Conference set to navigate the future of the oil and gas industry in Iraq Conference will include online conference sessions available live and on demand for all attendees Delegates will gain insights into the latest policy and project […]

IBBC and AMAR to hold Iraqi CSR Panel

IBBC and AMAR to hold Iraqi CSR panel with major companies on 3rd September. 'HOW COMPANIES AND COMMUNITIES CAN ALL BENEFIT FROM CSR PROGRAMMES, WITH REFERENCE TO AMAR FOUNDATION'S WORK.' The Iraq Britain Business Council (IBBC), its YEN (Young Executive Network) and AMAR Foundation, are holding an online panel to discuss CSR -- Corporate Social […]

$115m BP payment to Iraq in 2019

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)

BP "Pulls Out" of Kirkuk Oilfield

By John Lee. BP has reportedly finished its work at Iraq’s giant Kirkuk oilfield. According to Reuters, sources confirmed that the decision followed the expiration of its $100-million exploration contract at the end of December, at which point there was no agreement on the field’s expansion. It quotes a source at BP as saying: “In […]

IBBC celebrates 10 years at Conservative Conference

The Iraq Britain Business Council (IBBC) held a reception at UK onservative party conference to celebrate 10 years working in Iraq. Led by Baroness Nicholson of Winterbourne , President of IBBC and Trade Envoy to Iraq, a number of members including BP and Tratos were welcomed to the well attended event. Dino Bossi director at […]

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 […]