BP (NYSE:BP) is expected to spend as much as $25B in a profit-sharing agreement that would last more than 25 years, with the aim of raising capacity to 450K bbl/day in 2-3 years, a senior Iraqi ...

"BP, Iraq sign deal to revive Kirkuk oilfields" was originally created and published by Offshore Technology, a GlobalData owned brand.

Iraq’s oil ministry on Monday signed a landmark deal with British energy giant BP to develop four key oil fields in Kirkuk.