Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, Oil Minister Hayan Abdel-Ghani told Reuters during a visit to Britain. He said it would be larger than a 2023 TotalEnergies deal in Basra,

"BP to ink agreement with Iraq to redevelop four Kirkuk oil and gas fields" was originally created and published by Offshore Technology, a GlobalData owned brand.

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas flaring, Iraqi authorities announced Wednesday.

By bnm Gulf bureau Iraq will sign a massive deal with BP covering four Kirkuk oil and gas fields by early February that will exceed the value of TotalEnergies' $27bn Basra agreement, Oil Minister Hayan Abdel-Ghani told Reuters during his UK visit on January 15,

Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk region