Tag Archives | BP

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

New Contracts for Iraqi Drilling Company (IDC)

By John Lee. The Iraqi Drilling Company (IDC) has announced its intention to conclude contracts with Chinese and American companies operating in Iraq to drill and rehabilitate dozens of oil wells in the country. The company indicated it is about to start drilling 20 wells in the Nasiriyah field in Dhi Qar, which are included […]

MASIL facilitates Successful Visit of Pope to Iraq

Al Burhan and Menzies MASIL form new joint venture and celebrate a successful Pope's visit to Iraq Al Burhan Group along with Menzies Aviation, have formed a new venture - MASIL. Working together on the logistics of the visit of Pope Francis to Baghdad international airport at the start of the first papal visit to […]

Iraq plans 20GW Solar Power by 2030

By John Lee. Iraq's Minister of Oil has his Ministry's goal is to support the Ministry of Electricity to have 20 gigawatts of solar energy capacity installed by 2030. In a promotional video issued by the Government of Iraq, Ihsan Abdul Jabbar added that the recently-announced partnership with French energy company Total will include the […]

IBBC hosts an Online Council Meeting

The Iraq Britain Business Council (IBBC) hosted members on-line, to discuss their annual council meeting and review its activities. The meeting was due to take place in Dubai, but due to sudden COVID restrictions it took place successfully online. Mr Zaid Elyaseri Vice President of BP Iraq and member of the IBBC Executive Committee, chaired […]

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 […]