"MORE GOOD THINGS HAPPENINGS IN IRAQ: BP Returns to Kirkuk with Profit-Sharing Deal" BY 3AMART VIA TWITTER, 20 AUGUST

 @3AMART

Iraq News / Iraq Dinar More good things happening! BP Returns to Kirkuk with Profit-Sharing Deal After a nearly five-year absence, BP is making a comeback in Iraq's Kirkuk oil fields under a new profit-sharing model. The preliminary agreement, signed earlier this month, marks a shift from low-margin service contracts to more lucrative terms, aiming to boost production and attract Western oil majors back to Iraq. The Kirkuk field, estimated to hold around 9 billion barrels of recoverable oil, is set to see significant developments, with a final deal expected by the end of the year. Stay tuned for updates as BP and Iraq finalize this major oil deal!