Browsing Tag
Kirkuk
6 posts
ConocoPhillips (NYSE: COP) names Andy O’Brien CEO as Q2 profit doubles and buybacks jump to $2bn
ConocoPhillips doubled Q2 buybacks to $2B and named Andy O'Brien CEO from September 1, tracking a $7B free cash flow inflection by 2029 tied to Willow.
BP posts $5.7bn Q2 underlying profit as new CEO Meg O’Neill orders a reset
BP Q2 underlying RC profit hits $5.7bn and the dividend rises 4%. New CEO Meg O'Neill admits BP wrote off too much value, orders a portfolio and cost reset.
TPAO joins BP-led Kirkuk redevelopment as Iraq brings Turkish and US capital into giant oil project
Türkiye Petrolleri Anonim Ortaklığı will take a 15% interest in BP’s Kirkuk project company, creating a BP, ConocoPhillips and Turkish Petroleum partnership around one of Iraq’s largest redevelopment opportunities.
ConocoPhillips joins bp to advance Kirkuk oil redevelopment partnership in Iraq
ConocoPhillips plans a 42% entry into bp’s Kirkuk venture, adding long-life Iraqi resources while sharing capital, contract and geopolitical exposure.
ConocoPhillips agrees to buy 42% of BP’s Kirkuk oil redevelopment venture
ConocoPhillips is entering the redevelopment of four producing northern Iraqi oil fields through a minority interest in BP’s Kirkuk project company. The structure offers exposure to a resource base exceeding 3 billion barrels of oil equivalent without requiring ConocoPhillips to assume operatorship or make significant initial capital contributions.
Massive investment alert: bp and Iraq join forces to transform Kirkuk’s oilfields and green energy
In a landmark development for the Middle East, bp has formalised a memorandum of understanding (MoU) with the…