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Does Iraq benefit from recent oil deals?
فارس الخيام - Aljazeera -
15/04
The Iraqi oil sector activity has finally accelerated in terms of deals and projects with foreign companies, which made him lead the list of the largest oil deals, in March, and experts believe that the economic return may be limited in the near term.
BAGHDAD - The Iraqi oil sector activity has finally accelerated in terms of concluding deals and projects with foreign companies, which made it lead the list of the largest oil deals in March 2025 for the second month in a row, while economic experts believe that the direct economic return of these agreements may be limited in the near term.
Iraq for the second month in a row occupied the lead site in the list of the largest 5 oil deals in March 2025, thanks to two deals, one of which was introduced through a unique and distinct technique to discover faults, while the other was to develop oil fields in Kirkuk Governorate, according to a report of the energy platform.
On March 26, Iraq concluded an agreement with the British Oil Company (BP), to develop 4 oil fields in Kirkuk Governorate, and it is expected to add about 150 thousand barrels per day to the country's produc... [Short citation of 8% of the original article]
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