Mergers and acquisitions have been slowed by the COVID-19 outbreak. But as companies embrace the energy transition opportunities will arise
BP agreed to help increase crude production at northern Iraq’s Kirkuk fields as part of government push to restore output and exports capacity after recapturing the oil-rich region from semi-autonomous Kurdish forces in October.
Iraq’s oil minister has announced that the country will open up a tender process for a new oil export pipeline from the Kirkuk oilfield.
A senior employee of Iraq's state-run North Oil Company has been shot dead by gunmen.
Air Energi has landed a contract with BP Iraq to supply personnel for its operations for the giant Rumaila and Kirkuk oil fields. The five-year deal is Air Energi’s biggest ever win in the region. The fields, which represent 40% of Iraq’s total production last year, are estimated to hold 20 billion barrels of reserves.