Iraqi oil minister asks BP to develop Kirkuk oilfields, oil ministry says

Iraqi oil minister asks BP to develop Kirkuk oilfields, oil ministry says
Wed Oct 18, 2017 11:33:49

Iraqi Oil Minister Jabar al-Luaibi has asked BP ''to quickly make plans to develop the Kirkuk oifields,'' an oil ministry statement said on Wednesday.

(reuters) -- Iraqi government forces on Monday took control of the oil-rich region of Kirkuk from Kurdish peshmerga fighters who had occupied the area in 2-14, in the course of the war on Isis.

BP says on its website it has provided technical assistance in the past to the Iraqi state-owned North Oil Company to aid the redevelopment of the Kirkuk field.

Kirkuk is estimated to have around 9 billion barrels of recoverable oil remaining, according to BP.

(Photo: AP)
 

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