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Al-Sudani sponsors the signing ceremony of a memorandum of understanding with the British company BP to rehabilitate oil fields in Kirkuk
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[rtl]Baghdad / NINA / Prime Minister Mohammed Shia al-Sudani sponsored the signing ceremony of a comprehensive petroleum memorandum of understanding between the Ministry of Oil and the British Petroleum Company (BP) to develop Kirkuk fields for oil and gas production.
A statement by the Prime Minister's Office stated that: "The Iraqi side was signed by Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani, while the CEO of BP, Murray Auchincloss, signed on behalf of the company."
The statement added, "The memorandum includes the rehabilitation and development of the four fields of the North Oil Company in Kirkuk, which are the Kirkuk field with its two domes (Baba and Avana), the Bai Hassan field, the Jambur field and the Khabbaz field, as well as the possibility of agreeing on other fields or exploration blocks by agreement of the two parties, in light of the government's endeavor to optimally invest in promising opportunities in the field of energy, with the aim of increasing and enhancing oil production and gas and solar energy investments in this region." / End H[/rtl]
A statement by the Prime Minister's Office stated that: "The Iraqi side was signed by Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani, while the CEO of BP, Murray Auchincloss, signed on behalf of the company."
The statement added, "The memorandum includes the rehabilitation and development of the four fields of the North Oil Company in Kirkuk, which are the Kirkuk field with its two domes (Baba and Avana), the Bai Hassan field, the Jambur field and the Khabbaz field, as well as the possibility of agreeing on other fields or exploration blocks by agreement of the two parties, in light of the government's endeavor to optimally invest in promising opportunities in the field of energy, with the aim of increasing and enhancing oil production and gas and solar energy investments in this region." / End H[/rtl]
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