UK oil and gas giant bp will sign a deal with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region in northern Iraq, according to Iraq's Oil Minister Hayan Abdel-Ghani. The deal could be signed by the first week of February,

Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk region

BP and Iraq will sign a major deal for Kirkuk oil fields, aiming to increase production by 150K bbl/day with a more favorable profit-sharing model.

Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, Oil Minister Hayan Abdel-Ghani told Reuters during a visit to Britain. He said it would be larger than a 2023 TotalEnergies deal in Basra,

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas flaring, Iraqi authorities announced Wednesday.

By bnm Gulf bureau Iraq will sign a massive deal with BP covering four Kirkuk oil and gas fields by early February that will exceed the value of TotalEnergies' $27bn Basra agreement, Oil Minister Hayan Abdel-Ghani told Reuters during his UK visit on January 15,