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ConocoPhillips takes 42% stake in BP Iraq venture
ConocoPhillips will acquire a minority stake in BP's northern Iraq oil venture. The deal involves BP Energy Company of Kirkuk Limited's production sites. This agreement is expected during Iraq Prime Minister Ali al-Zaidi's Washington visit. ConocoPhillips anticipates value creation through efficient redevelopment and exploration. The partnership aims to boost production from historically significant Iraqi fields.
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cnbc.com
BP, ConocoPhillips to back Iraq with major investments as U.S. seeks to weaken Iran's energy hold
BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday.
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cryptobriefing.com
BP, ConocoPhillips invest $25B in Iraq to counter Iran's energy influence
BP and ConocoPhillips invest $25B in Iraq to counter Iran's energy influence. U.S.-Iran nuclear deal by August 13, 2026 at 1.6% YES.
