BP to Bring In TPAO for Kirkuk Oil Projects

Globo

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BP sold a 15% stake in its Iraqi subsidiary to Turkey's national oil and gas company. Turkish state Türkiye Petrolleri Anonim Ortakligi acquired the share at BP Energy Co. of Kirkuk, the company responsible for developing oil and gas fields in the Kirkuk region of Iraq, informed the British company. Exclusive material for subscribers. To have full access, access the link of the material and register.

A Haber

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Turkish Petroleum Corporation (TPAO) has taken a notable step in the international energy sector by acquiring a 15 percent stake in Iraq's Kirkuk field, operated by British Petroleum (BP). By becoming a partner in these vast reserves, TPAO has surpassed a significant milestone in its goal of producing 1 million barrels per day. President Recep Tayyip Erdoğan described this development as "a historic step in terms of partnerships in the energy se…

Akşam

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TPAO has acquired a 15 percent stake in BP's Kirkuk-based company. The agreement, which covers approximately 3 billion barrels of reserves, will be a critical milestone in achieving energy supply security and global growth targets.

Aydınlık

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The brief delay at the Ankara summit between Turkey and Iraq turned out to be a simple translation error, not a political crisis allegedly backed by Iran. The most notable outcome of the summit was the historic agreement in which TPAO acquired a 15% stake in the Kirkuk oil field.