Working Interest
bp has sold 15% of its working interest in its subsidiary in Iraq to Türkiye Petrolleri Anonim Ortaklığı (TPAO).
[Read more…] about bp sells 15% interest in Iraq’s Kirkuk Oil and Gas Business to TPAOLargest refinery in Saudi Arabia hit by drone
General – Key Facility
Ras Tanura, the largest refinery in Saudi Arabia and one of the world’s largest, has been hit by a drone and has halted operations.
[Read more…] about Largest refinery in Saudi Arabia hit by droneTPAO and BP sign MoU for Iraq
General – Cooperation
Turkish Petroleum (TPAO) and BP have signed a Memorandum of Understanding (MoU) on strategic cooperation in oil and natural gas.
[Read more…] about TPAO and BP sign MoU for IraqChevron unwilling to operate under Lukoil’ terms
Fossil Energy – West Qurna 2 Oil Field
Chevron is unwilling to operate in Iraq on the terms of the Russian company Lukoil.
[Read more…] about Chevron unwilling to operate under Lukoil’ termsExxonMobil re-enters Iraq with new exploration agreement
Fossil Energy – Iraq
ExxonMobil and Iraq have signed an agreement for the US supermajor to re-enter the Middle East country, although neither side released many details about what the plan will entail.
[Read more…] about ExxonMobil re-enters Iraq with new exploration agreementCPEC wins contract for Seawater Pipeline Project in Iraq
General – Seawater Pipeline
China Petroleum Engineering Corporation (CPEC) has won a $2.5 billion deal to construct a seawater pipeline in Iraq.
[Read more…] about CPEC wins contract for Seawater Pipeline Project in IraqIraq, BP to sign major Kirkuk fields deal worth over $27bn
Fossil Energy – Kirkuk Field
Iraq signed 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.
[Read more…] about Iraq, BP to sign major Kirkuk fields deal worth over $27bn