[size=36]BP withdraws from the Kirkuk field[/size]
[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
according to three sources, that BP withdrew from the giant Kirkuk oil field in Iraq.
The sources said, according to Reuters, "The withdrawal came after the expiration of a $ 100 million exploration contract without an agreement to expand the field, in a new blow to the hopes of increasing production."
The move comes with Western energy companies reassessing their operations in Iraq amid political unrest in light of anti-government protests, which have been raging for months and escalating tensions between the United States and Iran.
The sources said, "BP notified the Iraqi authorities last month that it would withdraw its employees from the field in the north of the country after the end of 2019, the deadline for the service contract granted to them in 2013." Ended 29 / h