American Deal Aims to Boost Development of Four Major Oil Fields in Kirkuk
ConocoPhillips, the American company, announced its approval to acquire a 42% stake in the Iraqi company "BP Energy Company of Kirkuk," which is affiliated with the British company BP. This move aims to strengthen its presence in Iraq's oil sector. The deal comes at a time when Iraqi Prime Minister Ali Faleh Al-Zaydi is visiting the United States to discuss expanding economic and oil cooperation between the two countries.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)