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International Business Times
International Business Times
Business
AFP News

BP To Develop New Oil And Gas Fields In Iraq

Oil Iraq British Petroleum Kirkuk Mohamed Shia alSudani Petroleum
A picture released by the media office of Iraqi Prime Minister Mohamed Shia al-Sudani shows him looking on as BP CEO, Murray Auchincloss (L) and Iraqi Oil Minister Hayan Abdul Ghani al-Sawad sign a memorandum of understanding to develop oil and gas fields in Kirkuk. (Credit: AFP)

Iraq signed an agreement with British energy giant British Petroleum on Thursday to develop four oil and gas fields in the northern province of Kirkuk.

A memorandum of understanding was signed by Iraq's Oil Minister Hayan Abdel Ghani and BP's CEO Murray Auchincloss, Prime Minister Mohamed Shia al-Sudani's media office said.

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