IRAQ NEWS: Iraq’s North Oil Company announced that British Petroleum (BP) has submitted an updated, comprehensive study for the development of the Kirkuk oil fields, 30 MARCH

 IRAQ NEWS

Iraq’s North Oil Company announced that British Petroleum (BP) has submitted an updated, comprehensive study for the development of the Kirkuk oil fields, with estimated reserves of about 5 billion barrels.

The company’s General Director, Amir Khalil, told the Iraqi state-owned News Agency that BP’s contract was delayed between 2014 and 2017 due to ISIS-related disruptions, but the new development plan has now been approved by the Iraqi government. : Reuters/ file

12:03 PM · Mar 30, 2025

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