Iraq, BP to Sign Deal to Raise Kirkuk Oil Output -Reuters
January 18 2018 - 4:49AM
Dow Jones News
--Iraq plans to sign a deal with BP on Thursday that will boost
production capacity at its northern Kirkuk oil fields, Reuters
reports, citing Oil Minister Jabar al-Luaibi.
--The move, which comes after the fields were taken back from
Kurdish fighters in October, is aimed at increasing production
capacity to more than 700,000 barrels a day, according to the
report.
--The report follows Chevron plans to resume drilling in Iraqi
Kurdistan, as reported by WSJ on Tuesday.
Full story: http://reut.rs/2rgtP6l
WSJ story on Chevron's drilling resumption:
http://on.wsj.com/2rlttey
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(END) Dow Jones Newswires
January 18, 2018 04:34 ET (09:34 GMT)
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