BUSINESSFINANCIAL TIMES WORLD
ConocoPhillips buys into BP’s contract to redevelop Iraq’s supergiant Kirkuk oilfield
ConocoPhillips will acquire a 42% stake in BP's contract to redevelop Iraq's Kirkuk oilfield. The move is part of US groups' efforts to counter China's growing influence in Iraq, an OPEC member.
Mentioned
Related Signal
Adjacent reporting
- BP, ConocoPhillips to back Iraq with major investments as U.S. seeks to weaken Iran's energy hold
- Chevron is signing preliminary deals to invest in Iraqi oil fields and bypass the Strait of Hormuz
- Chevron and Iraq seek to bypass Strait of Hormuz with Syria pipeline
- Chevron weighs new Iraqi oil pipeline to avoid Strait of Hormuz during Iran war
- Shell’s ARC Deal Seen as Win for Mark Carney’s Pro-Oil Pivot