Tag Archives | BP

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

BP Takes Over Kirkuk Oil and Gas Operations

By John Lee. Operations at four Kirkuk oil and gas fields have been transferred from North Oil Company (NOC) and North Gas Company (NGC) to a joint operating authority established to manage the fields. The transfer covers the Kirkuk oil field, Bai Hassan oil field, and the Khabbaz and Jambur fields. The ceremony was held […]

Legal Action Planned Against BP Over Rumaila Flaring

By John Lee. UK-based law firm Hagens Berman EMEA says it has sent a letter before action to BP, giving notice of intended legal proceedings over alleged gas flaring pollution at the Rumaila oil field near Basra, which the firm links to elevated rates of cancer and respiratory illness in surrounding communities. The letter, sent […]

IBBC Concludes Extensive Programme of Meetings in Baghdad

From the Iraq Britain Business Council (IBBC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. IBBC Trade Mission Concludes Extensive Programme of Meetings in Baghdad The Iraq Britain Business Council (IBBC) has concluded a trade mission to Baghdad, bringing a 30-strong delegation of IBBC […]

US "Racing To Lock Down" Iraqi Gas Prize

By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why The U.S. Is Racing To Lock Down Iraq's Most Explosive Geopolitical Gas Prize Sharing its eastern border with Iran, its northern border with Turkey, its western border with Syria and […]

The US Power Play that Moscow & Beijing Didn't See Coming

By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The U.S. Power Play in Iraq That Moscow and Beijing Didn't See Coming As Russia remains occupied with its war in Ukraine, Iran focuses on defending its territory against U.S. and […]

Why Turkiye let the Kirkuk-Ceyhan Pipeline Deal Expire

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Turkiye let the Kirkuk-Ceyhan Pipeline Deal Expire When the decades-old legal framework governing the Kirkuk-Ceyhan oil pipeline expired on July 27, Turkiye allowed it to lapse without immediately replacing it. The step […]

TPAO Acquires 15% Stake in Kirkuk Field from BP

By John Lee. Türkiye Petrolleri Anonim Ortaklığı (TPAO) is to acquire a 15% interest in BP Energy Company of Kirkuk Limited (BP ECKL), the vehicle through which BP is supporting the redevelopment of major oil and gas fields in the Kirkuk region of northern Iraq. According to BP, the agreement builds on a strategic cooperation […]

ConocoPhillips to Acquire 42% Stake in Kirkuk from BP

By John Lee. ConocoPhillips has agreed to acquire a 42% interest in BP Energy Company of Kirkuk Limited (BP ECKL) from BP, supporting the redevelopment of four producing oil fields in the Kirkuk area of northern Iraq. The agreement is expected to be signed during Prime Minister Ali al-Zaidi's official visit to Washington, D.C. BP […]

Oil Companies Discuss Iraq Projects and Investment

By John Lee. The Ministry of Oil held a meeting with international oil companies operating in Iraq to discuss challenges facing projects, increasing production, and improving operational performance. According to the Ministry, Minister of Oil Bassem Mohammed Khudair Al-Abadi said companies working in Iraq are considered partners rather than contractors, and called for cooperation to […]

Iraq "Urgently Needs to Find Ways of Getting Oil to Market"

By James Drummond, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq urgently needs to find ways of getting its oil to market Iraq is planning to triple crude oil export volumes via pipeline, according to the […]