Iraq and Turkey have signed a one-year agreement for the transportation of Iraqi oil through the Kirkuk-Ceyhan pipeline amid unstable supplies via the Strait of Hormuz. The document provides for the export of up to 750,000 barrels per day and paves the way for broader cooperation in energy and other sectors.
BP has agreed to sell a 15% stake in its subsidiary that manages oil and gas fields in the Kirkuk region to the Turkish state company Turkish Petroleum. This deal expands BP and TPAO’s cooperation in Iraq and strengthens their strategic partnership.
В Вашингтоне заключены новые соглашения между Chevron и иракскими компаниями по развитию нефтяных месторождений и восстановлению нефтепровода Ирак–Сирия. Эти шаги могут открыть путь для значительных инвестиций в энергетический сектор региона.
Chevron has gained access to key information needed to assess one of Iraq's largest oil fields, West Qurna 2, paving the way for the company to potentially obtain operator rights. The country's authorities are seeking to attract international investment and boost oil production to help revive the economy.