BP, ConocoPhillips Partner in Iraq's Kirkuk Oilfields with 42% Stake Acquisition
Deals·2 articles across 2 outlets
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BP Plc said ConocoPhillips will acquire 42% of its stake in a venture that’s redeveloping Iraq’s giant Kirkuk oil fields. This project marks a significant revival effort for the OPEC heavyweight, which has seen output decline since the Iran war began.
BPConocoPhillipsIraqOPEC
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“BP Plc said ConocoPhillips will acquire 42% of its stake in a venture that’s redeveloping Iraq’s giant Kirkuk oil fields, a major revival project for the OPEC heavyweight that has experienced output”
Bloomberg — BP, ConocoPhillips to Partner in One of Iraq’s Oldest Oilfields