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.