TPAO to Acquire Stake in BP Energy Company of Kirkuk

published:30/07/2026 07:15 GMT

BP and Türkiye Petrolleri Anonim Ortaklığı (TPAO) have agreed terms for TPAO to acquire a 15 per cent interest in BP Energy Company of Kirkuk (BP ECKL), strengthening cooperation on the redevelopment of major oil and gas fields in Iraq’s Kirkuk region. The agreement was signed during Iraqi Prime Minister Ali Al-Zaidi’s official visit to Türkiye and builds on the strategic cooperation memorandum signed by bp and TPAO in February 2026. It also follows ConocoPhillips’ previously announced...More