Iraq and BP to sign Kirkuk oil and gas deal by first week of Feb, oil minister says
Portfolio Pulse from
Iraq and BP are set to sign a significant deal covering four Kirkuk oil and gas fields by early February, as announced by Iraq's Oil Minister Hayan Abdel-Ghani.
January 15, 2025 | 10:00 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
BP is entering a major deal with Iraq to develop four Kirkuk oil and gas fields, expected to be signed by early February.
The deal with Iraq to develop Kirkuk oil and gas fields is a significant expansion of BP's operations in the region, likely to positively impact BP's stock due to increased production capacity and potential revenue growth.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90