Iraq and BP Forge $25 Billion Kirkuk Oil Deal

BP engineers have arrived in Kirkuk and have launched initial assessments at four strategic oilfields in the northern Iraqi province as part of the supermajor’s $25-billion deal with Iraq to redevelop Kirkuk fields, Iraqi industry sources told Shafaq News on Wednesday.  BP’s experts have started work to develop the infrastructure and production facilities of Iraq’s state-owned North Oil Company (NOC) and North Gas Company (NGC) in Kirkuk, sources from both companies told the Iraqi news outlet.    The assessment…