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

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 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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