BP’s US$25bn Five-Field Megadeal In Iraq Is Finally Activated
تحليل معلومات السوق
مدعوم بالذكاء الاصطناعيBP has activated a $25 billion oil and gas megadeal in Iraq, marking a historic moment for the country's energy sector, 14 years after BP's initial technical services contract with the South Oil Company in 2009.
Market impact analysis based on bullish sentiment with 80% confidence.
سياق المقال
Back in 2009, British oil and gas giant BP along with its then-Chinese partner China National Petroleum Corporation secured a technical services contract with Iraq’s state-owned South Oil Company to develop Iraq’s largest oil field – Rumaila – in the first such foreign exploration on the country’s energy sector in 40 years. The company’s activation earlier this month of a US$25 billion five-pronged oil and gas megadeal in the same country may prove even more historic. The 2 October activation of the deal means…
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