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 […]
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The latest news BP Iraq – Oil, oilfields, contracts, production and more – brought to you by Iraq Business News
IBBC at Chatham House’s “Iraq in Transition” Conference
The Iraq Britain Business Council (IBBC) was pleased to be an official partner of Chatham House’s “Iraq in Transition” conference on the 2nd and 3rd October. The event was held by the Chatham House Iraq Initiative, led by Dr Renad Mansour. On Thursday the 3rd of October the President of IBBC, Baroness Nicholson, chaired a […]
Tags: Baroness Nicholson, BP, Chatham House, conferences, Crescent Petroleum, featured, IBBC Young Executive Network, Iraq Britain Business Council (IBBC), mn, private sector, United Kingdom
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 […]
Tags: Baroness Nicholson, BP, featured, G4S, Iraq Britain Business Council (IBBC), mn, Rolls-Royce, Tratos, United Kingdom
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 […]
Tags: BP, China National Petroleum Corporation (CNPC), featured, Iraq Oil Production News, mn, PetroChina, Rumaila, Rumaila Operating Organization (ROO)
IBBC holds Iraq’s First Int'l Tech Conference in Baghdad
By Editor on 8th May 2019 in Iraq Banking & Finance News, Iraq Education and Training News, Iraq Industry & Trade News, Iraqi Communications News
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 […]
Tags: 51Labs, almaseer Insurance, Arab Payment Systems (APS), bite.tech, BP, British Council, Central Bank of Iraq (CBI), Communications and Media Commission (CMC), conferences, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), E&Y, featured, Fikra Space, fintech, Five One Labs, Iraq Britain Business Council (IBBC), Khudairi, KPMG, mn, MSelect, National Bank of Iraq, National Investment Commission (NIC), Re:Coded, Restrata, Solo Creative Studio, TechHub, The Station, United Kingdom, Zain
Basrah Museum Opens New Galleries
By Editor on 18th March 2019 in Construction & Engineering In Iraq, Iraq Education and Training News
Basrah Museum Opens New Sumer, Assyria And Babylonia Galleries The official opening of three new galleries in the Basrah Museum on March 19th marks the completion of a project to refurbish all major exhibition space at the complex. It is a further important milestone in the creation of a major hub for the protection and […]
Tags: Basrah Museum, BP, British Council, Cultural Protection Fund, featured, Friends of Basrah Museum, mn, United Kingdom
Rumaila raises funds for Iraqi Children Foundation (ICF)
By Editor on 21st February 2019 in Healthcare, Iraq Education and Training News, Iraq Oil & Gas News
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 […]
Tags: BP, featured, Iraqi Children Foundation (ICF), mn, Rumaila, Rumaila Operating Organization (ROO)
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 […]
Tags: Amarinth, Basra Oil Company (BOC), BP, featured, Iraq Gates Contracting Company (IGCC), PetroChina, pumps, Rumaila, State Oil Marketing Organization (SOMO), United Kingdom
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, […]
Tags: Basra News, BP, featured, Iraqi Children Foundation (ICF), Iraqi-American Young Professionals (IAYP), Rumaila, United States
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 […]